What is the mean of capital in account
Answers were Sorted based on User's Feedback
Answer / sanmilan
For Each & Every Business, you need Funds to start and run a
Business. So this amount (Whether contributed by the Owners
(Director/Stakeholder) or Financed from elsewhere) is called
as Initial Capital. Later on, the meaning of Capital get
Broadens into the Amount of Assets including Cash & cash
equivalents which can be bifurcated into Current Assets and
Fixed Assets.Net Capital can be calculated by deducting
Liabilities from the Assets available. It shows the overall
capacity of the Business Entity.
| Is This Answer Correct ? | 21 Yes | 2 No |
Answer / nandini.v
The amount which is invested for a start of business is
known as capital account.
| Is This Answer Correct ? | 5 Yes | 1 No |
swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000
what is capital reserve?
The trial balance cheks: 1)Arithmetical mistake 2)honesty of the book keeper 3) valuation of the closing stock 4) nature of the business
Do you know public accounting?
what is t code of all expences general legder?
what is suspense account in tally.
what is ledger balance
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
Why do you prepare a P/L Appropriation a/c?
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
In tally software what is the difference between restore and backup?
Futures