what is capital
Dear Student,
Capital is the amount invested by the owner into the business. It may be in the form of money or assets having monetary value.
It is increased, when the owner introduces additional capital and it is decreased when the owner withdraws money or goods from the business for his personal use.
Hope this answers your query, for any further doubts, do get back to us. We assure you our help.
Keep studying and keep posting!!
Capital is the amount invested by the owner into the business. It may be in the form of money or assets having monetary value.
It is increased, when the owner introduces additional capital and it is decreased when the owner withdraws money or goods from the business for his personal use.
Hope this answers your query, for any further doubts, do get back to us. We assure you our help.
Keep studying and keep posting!!