Accountancy, asked by ashuashu958, 1 year ago

Why is capital shown as a liability in a balance sheet?

Answers

Answered by mannu77
0
because it is liability of a firm because when a firm take amount from shareholders debenture holder by issuing shares or debenture then firm have liabilities of repayment of amount to shareholders or debenture holder that's why it is known for liabilities
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