Question

book-keeping ____ valuable information to owner and out siders​

Answer 1

Answer:

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Explanation:

Amount invested by the owner in the firm is known as capital. It may be brought in the form of cash or assets by the owner for the business entity capital as an obligation and a claim on the assets of business. It is, therefore, shown as capital on the liabilities side of the balance sheet. In other words, the capital means the interest of owner or owners in the assets of the business firm.