Accountancy, asked by brookejustin15, 11 months ago

what do you mean by capital in accounting

Answers

Answered by ap1861450

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.

Explanation:

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Answered by Anonymous

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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