Difference between revisions of "Owner's Capital"

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[[Owner's Capital]] (alternatively written as [[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''.
 
[[Owner's Capital]] (alternatively written as [[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''.
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==Definitions==
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According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
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:[[Owner's Capital]].
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==Related concepts==
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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.
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==Related coursework==
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*[[Bookkeeping Quarter]].
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[[Category: Septem Artes Administrativi]][[Category: Articles]]

Revision as of 11:54, 15 December 2018

Owner's Capital (alternatively written as 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.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Owner's Capital.

Related concepts

Related coursework