Which is the correct definition of capital?

Amount invested by owner or partners in the business in form of cash or assets having some monetary value

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Amount invested by one partner only

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Amount invested in cash only

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All the above

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Solution

The correct option is A Amount invested by owner or partners in the business in form of cash or assets having some monetary value
The correct definition of capital is the "Amount invested by owner or partners in the business in form of cash or assets having some monetary value."

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Similar questions

Amount invested by the owner in the business is called as _______.

What term is used for the amount invested by the owner in the business?

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