what is capital? It's from acctncy.i don't have book now anyone kws then ans it.
Answers
Answered by
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.
Answered by
3
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. Raw materials used in manufacturing are not considered capital. Some examples are: company cars. patents.
Similar questions