Accounting for IGCSE & O level - Final Statements (Section 6 - No. 34)
Which accounts are shown in the capital account?
Sales and Purchases
Assets and Liabilities
Drawings and Profit/Loss
Revenues and Expenses
स्पष्टीकरण
The capital account tracks the owner's investment, withdrawals (drawings), and the impact of profit or loss on the owner's equity.