What is capital?
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Answer / mohd irfan khan
in simple capital means property or material or things of
the business. capital is the amount invested in the
business for acquiring assets to run business
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / hum3057@yahoo.com
Cash or Goods used to generate income either by investing
in a business or different income property.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / manvi
The amount of money contributed or invested by the
proprietor himself in the business to enable him to run the
business is called capital.
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Answer / abdullah amer
Capital is the amount invested by the owner in the business.
capital can be invested in the form of cash or kind.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / venu gopal joshi
Capital is the amount which is invested by the owener to
start or run the business
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Answer / manu
cash or goods contributed for starting a business by the
propritor.capital is the life blood of every business.
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Answer / dora
if any business started initial amount is the very
important. that money is receive from equity and preference
and debt . without capital any business is not running must
and should be capital is the very imp. that amount used in
fixed cost in initial stage .
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / hemanshu
ITS A CONTRIBUTION FROM OWNERS / PARTNERS /DIRECOTRS FORM
HIS POCKET TO GENRATE THE REVENUE FROM FIRM/CO.
| Is This Answer Correct ? | 0 Yes | 1 No |
1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======
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