Accountancy, asked by hpr97, 4 months ago

uses of owners capital​

Answers

Answered by Rajnandini1466
4

Answer:

Owner's Capital, also called owner's equity, is the equity account that shows the owners' stake in the business. In other words, this account shows the how much of the company assets are owned by the owners instead of creditors. Typically, the owner's capital account is only used for sole proprietorships.

Similar questions