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Meaning of Capital in Accounting | Simple & Clear Explanation 💰📘
Understand the Meaning of Capital in accounting with this clear and beginner-friendly explanation! 📘 Capital refers to the owner’s investment in the business—whether in the form of cash, goods, or other assets contributed to start or run operations. 💰🏦 It represents the owner’s claim on the business after liabilities are deducted ...
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