Accountancy, asked by syedishfaq222, 9 months ago

is capital an asset to business ?​

Answers

Answered by ashvathm
0

Answer:

For businesses, a capital asset is an asset with a useful life longer than a year that is not intended for sale in the regular course of the business's operation. This also makes it a type of production cost. For example, if one company buys a computer to use in its office, the computer is a capital asset

Answered by captain11s
0

Answer:

no it's liability

Explanation:

because it is the value invested by the owner of the business (capital). so, it is. burden to the owner of the business

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