Question

what is capital,in accountancy?​

Answer 1

Answer:

Capital includes the cash and other financial assets held by an individual or business, and is the total of all financial resources used to leverage growth and build financial stability. Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more. Raw materials used in manufacturing are not considered capital.

Some examples are:

company cars

patents

software

brand names

bank accounts

stock

Explanation:

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