Accountancy, asked by sarkarisha635, 6 months ago

difference between assets and capital is .......................​

Answers

Answered by Anonymous
3

Answer:

Assets are the economic resources belonging to a business. Assets could be money in a cash register or bank account, or items such as property, fixtures and furniture, equipment, motor vehicles, and stock or goods for resale. ... Capital is the value of the investment in the business by the owner(s).

Answered by suhanitandon12
1

Capital and asset are business terms. They may be used in slightly different contexts, depending on the situation, and there are several variations of each term. For example, there is capital, working capital, legal capital and paid-in capital. Assets can be long term, fixed, liquid or current. Briefly, however, capital refers to the money a business owner has invested in a business, representing the difference between the business's assets and liabilities. Assets are things that add value to a business.

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