What do you mean by capital?
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Answer / sweta
capital is the amount, brought in by the bussiness firm, at
the time of starting the bussiness.
| Is This Answer Correct ? | 25 Yes | 2 No |
Answer / rajesh
introduce the opening fund the business. its a business
runing fund. all the firm itroduce the capital. it's manage
the firm.
| Is This Answer Correct ? | 15 Yes | 5 No |
Answer / purna
Investing of amount in to business at the time of
commencing , ,
The total amount up to commence will be consider as a
capital
their two types of capital
1 Working
2 Fixed
the amount spent of fixed assets is called working capital
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / rajesh
Capital means amount invested by the owner in the company
is called capital
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / jismon joseph
Financial assets or the financial value of assets, such as
cash. The factories, machinery and equipment owned by a
business. Capital is an extremely vague term and its
specific definition depends on the context in which it is
used. In general, it refers to financial resources
available for use.
| Is This Answer Correct ? | 8 Yes | 5 No |
Answer / khazi raza mohammed
Capital is nothing but the investment what you put into initiate a business that's called as capital.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / hanamanth
Capital is initial investment invested by the owner at the
time of commencement of business.
| Is This Answer Correct ? | 2 Yes | 3 No |
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my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
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