MLchartDataset catalogue

Capital account

Term · Law · MLC-T-LAW-000847

A record within a company's financial statements that tracks the owner's equity or partners' equity in the business. It reflects the initial investments made by owners, subsequent contributions, and withdrawals, as well as the allocation of profits or losses. For a partnership, each partner typically has a separate capital account.

Table 1. Record
IdentifierMLC-T-LAW-000847
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000847",
  "term": "Capital account",
  "field": "Law",
  "definition": "A record within a company's financial statements that tracks the owner's equity or partners' equity in the business. It reflects the initial investments made by owners, subsequent contributions, and withdrawals, as well as the allocation of profits or losses. For a partnership, each partner typically has a separate capital account.",
  "url": "https://mlchart.com/terminology/law/capital-account/"
}

Record 653 of 5,445 in Law terminology (MLC-0107). Request the full dataset.