Difference between revisions of "Owner's Capital"
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| − | [[Owner's Capital]] | + | [[Owner's Capital]] (or, simply, [[capital]]; hereinafter, the ''Capital'') is the [[financial account]] that records money or other assets an owner invested into an [[organization]] from personal use. The ''Capital'' is a subdivision of [[owner's equity]]. [[Owner's Withdrawals]] is an [[adjusting account]] for the ''Capital''. |
Revision as of 19:36, 11 December 2018
Owner's Capital (or, simply, capital; hereinafter, the Capital) is the financial account that records money or other assets an owner invested into an organization from personal use. The Capital is a subdivision of owner's equity. Owner's Withdrawals is an adjusting account for the Capital.
