Question

Write any two transactions of q business whose both affects are applied on capital only

Answer 1

Answer:

CORPORATE FINANCE & ACCOUNTING ACCOUNTING

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital Account

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital AccountBy ALICIA TUOVILA

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital AccountBy ALICIA TUOVILA Updated Aug 28, 2019

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital AccountBy ALICIA TUOVILA Updated Aug 28, 2019What Is a Capital Account?

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital AccountBy ALICIA TUOVILA Updated Aug 28, 2019What Is a Capital Account?The capital account, in international macroeconomics, is the part of the balance of payments which records all transactions made between entities in one country with entities in the rest of the world. These transactions consist of imports and exports of goods, services, capital, and as transfer payments such as foreign aid and remittances. The balance of payments is composed of a capital account and a current account—though a narrower definition breaks down the capital account into a financial account and a capital account.

CORPORATE FINANCE & ACCOUNTING ACCOUNTINGCapital AccountBy ALICIA TUOVILA Updated Aug 28, 2019What Is a Capital Account?The capital account, in international macroeconomics, is the part of the balance of payments which records all transactions made between entities in one country with entities in the rest of the world. These transactions consist of imports and exports of goods, services, capital, and as transfer payments such as foreign aid and remittances. The balance of payments is composed of a capital account and a current account—though a narrower definition breaks down the capital account into a financial account and a capital account.In accounting, the capital account shows the net worth of a business at a specific point in time. It is also known as owner's equity for a sole proprietorship or shareholders' equity for a corporation, and it is reported in the bottom section of the balance sheet.