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Study with Quizlet and memorize flashcards containing terms like Question on Left, What are capital resources?, Examples of Capital resources and more.
Study with Quizlet and memorize flashcards containing terms like capital asset, property, plant, and equipment, impairment loss and more.
Study with Quizlet and memorize flashcards containing terms like Capital definition, Primary purposes of capital, Components of shareholder's equity (stock form of ownership) and more.
What is a Capital Resource? A capital resource is a durable good that is utilized by organizations to generate goods and services and facilitate operational processes. These assets are pivotal for the functioning of any economic entity, whether it operates in the manufacturing or service sector.
Also known as net assets or equity, capital refers to what is left to the owners after all liabilities are settled. Simply stated, capital is equal to total assets minus total liabilities. Capital is affected by the following: Initial and additional contributions of owner/s (investments), Withdrawals made by owner/s (dividends for corporations),
Definition: The term capital resource is an economic concept that refers to man-made elements employed to produce goods or services. They are resources that allow the company to carry on with its productive activities.
20 Ιουλ 2020 · Does accounting terminology have your head spinning? We’re here to help with this handy list that defines the most common accounting terms, acronyms and abbreviations.
