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What is Capital in accounting? Explain

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Jun 22 at 20:9:0
Ashiq
Ashiq
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In its simplest capital means the funds brought in to start a business by the owner(s) of a company. It is an investment by the proprietor(s) or partner(s) in the business.

equity can mean money or assets as well. It is business liability towards the owner(s) also referred to as one of the internal liabilities of the business.

If any one introduced capital for business than double entry will be

Cash/Bank Debit

Capital Credit
Jun 22 at 20:40:6
Adnan
Adnan
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