Question

______ means the amount which the proprietor or owner has invested in the firm or can claim from the firm.

Options

• Assets

• Liability

• Capital

• None of these.

Answer 1

Capital means the amount which the proprietor or owner has invested in the firm or can claim from the firm.

Explanation:

Capital is the amount invested by the proprietor or owner in the firm and represents the owner’s claim on the business.