explain what is capital in final accountancy please
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Answer:
Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources. ... Capital assets are assets of a business found on either the current or long-term portion of the balance sheet.
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Explanation:
Capital can be held through financial assets or raised from debt or equity financing. Businesses will typically focus on three types of business capital: working capital, equity capital, and debt capital. In general, business capital is a core part of running a business and financing capital intensive assets
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