why the capital is shown in the liability side of balance sheet
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SINCE CAPITAL IS BELONG TO THE OWNER, AND RESPONSIBILITY OF BUSINESS TO PAY BACK CAPITAL TO THE WHEN BUSINESS IS WINDED UP. HENCE , CAPITAL IS A LIABILITY OF THE BUSINESS.
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- SINCE CAPITAL IS BELONG TO THE OWNER, AND RESPONSIBILITY OF BUSINESS TO PAY BACK CAPITAL TO THE WHEN BUSINESS IS WINDED UP. HENCE , CAPITAL IS A LIABILITY OF THE BUSINESS..
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