meaning of "capital account"

[Liana Petrova]

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", question 6

Capital accounts represent the owner's ......... worth in the business.

(a) equity
(b) value
(c) hammock
(d) net

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", answer 6

Capital accounts represent the owner's net worth in the business.

Correct answer: (d) net

Your answer was: correct
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can you explain capital account?

Liana Petrova

[Mister Micawber]

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CAPITAL ACCOUNT
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Native English teacher at Mister Micawber's