Difference between revisions of "Owner's Capital"
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*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | ||
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*[[Bookkeeping Quarter]]. | *[[Bookkeeping Quarter]]. | ||
[[Category: Septem Artes Administrativi]][[Category: Articles]] | [[Category: Septem Artes Administrativi]][[Category: Articles]] | ||
Revision as of 19:29, 4 January 2019
Owner's Capital (alternatively written as owner's capital or, simply, capital; hereinafter, the Capital) is the owner's investment of equity in the organization that he, she, or it owns. For startup businesses, for instance, Owner's Capital can be the personal funds a business owner introduces to his, her, or its business so that it can operate.
The Capital can also refer to monetary assets currently available for use. Entrepreneurs raise capital to start a company and continue raising capital to grow the company.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Capital. The owner's investment of equity in the organization.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
