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What is the meaning of capital

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What is the meaning of capital

    • Posted by Ayush Kaushik 7 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 5 answers

    Sakshi Sharma ??️??️??️ 7 years, 5 months ago

    It is the amount invested by owner in the business . It may be in cash , goods , or assets etc

    1Thank You

    Harsh Agrawal????☺☺ 7 years, 5 months ago

    It is the amount which the introduced by owner or proprietor of the business. It can be in form of goods or plant and machinery , or cash and bank..

    1Thank You

    Keshav Bindal 7 years, 5 months ago

    This Amount may be Cash or may be Goods.

    1Thank You

    Keshav Bindal 7 years, 5 months ago

    Amount invested by proprietor or owner(s).

    1Thank You

    Madhav Baheti 7 years, 5 months ago

    Money introduced by propiter for business

    1Thank You

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    Related Questions

    Mohan is admitted as a partner for 1/5th share on the following terms: (a) He is to contribute 14,000 as his share of capital which includes his share of premium for goodwill. (b) Goodwill is valued at 2 years' purchase of the average profits of the last 4 years, which were 10,000; 9,000; 8,000 and 13,000 respectively. (c) Plant to be written down to 25,000 and patents written up by * 8,000. Prepare the Revaluation Account, Partners' Capital Account and the Balance Sheet of the new firm.

    • Posted by Arya Patel 6 months, 1 week ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Started business with cash RS 90000 stock 30,000 Purchase परचेज फर्नीचर परचेज फर्नीचर फॉर कैश फॉर कैश 15000 में चेक पैड कैरिंग चार्ज रुपीस 1000 इन कैश सोल 1 की 2 का अबोव स्टॉक तो राम ऑन क्रेडिट रिसीव फ्रॉम राम आफ्टर ए डिस्काउंट का 200 रेंट पैड रुपीस 7000 आउट ऑफ़ व्हिच 2000 इस प्रिपेयर्ड

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    CBSE > Class 11 > Accountancy
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    Goods of the selling price of 3000 are further withdrawn by Sonia for personal use 20% of cost is added to fix up the selling price

    • Posted by Prabhdeep Mall 1 year, 8 months ago

    CBSE > Class 11 > Accountancy
    • 0 answers
    Illustration 62. Given below is the Balance Sheet of Krishna & Suresh who are partners in a firm sharing profits in the ratio of 3 : 2: Liabilities Amount Creditors Bank Overdraft Investment Fluctuation Fund Contingency Reserve Capital A/c : Krishna Suresh 30,000 20,000 21,000 2,000 6,000 5,000 50,000 84,000 Assets Plant Patents Furniture Investments (Market value Stock Debtors Cash 14,000) Amount (₹) 30,000 5,000 3,000 15,000 13,000 17,000 1,000 84,000 Mohan is admitted as a partner for 1/5th share on the following terms: (a) He is to contribute 14,000 as his share of capital which includes his share of premium for goodwill. (b) Goodwill is valued at 2 years' purchase of the average profits of the last 4 years, which were 10,000; 9,000; 8,000 and 13,000 respectively. (c) Plant to be written down to 25,000 and patents written up by * 8,000. Prepare the Revaluation Account, Partners' Capital Account and the Balance Sheet of the new firm.​

    • Posted by Arya Patel 1 year, 8 months ago

    CBSE > Class 11 > Accountancy
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