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Answer in one sentence only. Why Proprietor’s Capital account is a liability for the business? - Book Keeping and Accountancy

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Answer in one sentence only.

Why Proprietor’s Capital account is a liability for the business?

एक पंक्ति में उत्तर
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उत्तर

Capital invested in the business by the proprietor is an asset for the proprietor and liability for the business.

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अध्याय 4: Ledger - Exercises [पृष्ठ ११४]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 4 Ledger
Exercises | Q 1. 6) | पृष्ठ ११४
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