Question

How to calculate closing capital in fixed capital system?

Answer 1

Answer:

It is the primary section in the records, either when an organization is first beginning up its records or following a year-end. Closing capital is put with the capital and after that added together. e.g. assets - liabilities = capital. or, then again e.g. assets = capital + liabilities.

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Answer 2

Closing capital is put with the capital and after that added together. e.g. assets - liabilities = capital. or, then again e.g. assets = capital + liabilities.