Describe more details capital in book keeping?

Question

Describe more details capital in book keeping?

Answer 1

In economics, capital or capital goods or real capital refers to items of extensive value, it can also be applied to the amount of wealth a person controls or is capable of controlling.

Capital goods may be acquired with money or financial capital. In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business, sometimes referred to as Cash flow.

In Summary:  Your Wealth