Accountancy, asked by sfhtfj, 1 year ago

Capital Account? it is which type of account

Answers

Answered by kanhaiyaavp
3
HEY!!
CAPITAL ACCOUNT ARE THOSE ACCOUNT WHERE THE CASH IS DEPOSITED FOR STARTING THE BUSINESS. IT IS PERSONAL ACCOUNT..
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HOPE IT HELPS
Answered by sachinarora2001
4
Hey///

Capital account is the personal account of the anyone...specially the owner of the business capital is the liability of the business..it always show on the credit side of the journal. Every capital account is written by its own name. for example sachin s account, karan s account, ketan s account etc...

IT IS A TYPE OF PERSONAL ACCOUNT OF THE BUSINESS...
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