Capital Liability?

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peter01
Posts: 200
Joined: Tue Mar 12, 2013 7:46 am

Capital Liability?

Post by peter01 »

A capital liability may also be resources that are used to acquire additional fixed assets that will be used in the general operation of the business, such as production equipment, office furniture, and other essentials.
Darya
Posts: 121
Joined: Sat Apr 13, 2013 8:59 am

Re: Capital Liability?

Post by Darya »

A capital liability may also be resources that are used to acquire additional fixed assets that will be used in the general operation of the business, such as production equipment, office furniture, and other essentials. One other expression of a capital liability has to do with any debts that are incurred in the normal process of operating the business, such as mortgages on buildings, equipment, or the cost of employing outside services to complete the production cycle.
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