Question

what is capital in tally
​

Answer 1

Answer:

Explanation:This investment is called as capital. In other words, the capital means the interest of owner or owners in the assets of business firm. ... At the end of financial years when the profit and loss account is prepared then the balance of profit and loss account is transferred in to capital account.

Answer 2

This investment is called as capital. In other words, the capital means the interest of owner or owners in the assets of business firm. ... At the end of financial years when the profit and loss account is prepared then the balance of profit and loss account is transferred in to capital account.