Question

what does capital mean in accountancy.​

Answer 1

Answer:

amount given by owner into business

Explanation:

Capital is the amount which the owner gives into the business, it is the liability of the business as it has to give it to the owner back because of the business entity concept.

Answer 2

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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