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 [[ | + | [[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 business]]es, 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. |
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| + | 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== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[ | + | :[[Capital]]. The owner's investment of equity in the [[organization]]. |
==Related concepts== | ==Related concepts== | ||
Revision as of 13:26, 15 December 2018
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.
