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Why capital is written in liability …

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Why capital is written in liability side

    • Posted by Priyanka Kamal 8 years, 6 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Adeel Timol 8 years, 6 months ago

    We do accounting from view point of the business,  capital gives by the owner is sort of loan given by the owner to the business therefore,  its a liability of the business. Hence, we show capital at liability side. 

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