Cash as capital

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Accountant
21 Points Posted on 25 April 2020

In a sole properietorship firm, how much cash can be shown as capital contribution by owner in firm 

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On 25 April 2020 at 22:21 Report
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In a sole proprietorship, the owner's entire cash contribution, after deducting all business liabilities, can be considered capital. This means the net worth of the business, represented by the cash introduced by the owner, forms the capital. Essentially, it's the owner's equity in the business.

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My grammar is 💯 good I
7306 Points Posted on 26 April 2020

If it sole proprietorship, the whole amount of cash less liabilities belongs to him.

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On 26 April 2020 at 11:05
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Profession
28267 Points Posted on 26 April 2020
Capital brought in by the owner is introduced by the owner less all liabilities .
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On 26 April 2020 at 14:12

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