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What is a capital account?

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Question added by Rana Alnajjar , Web developer , Lebcards
Date Posted: 2016/11/29
Abdullah Aziz Eldain Morsi  Elgendy -        CMA  Candidate
by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies

A statement of the net worth of a business at a given time

manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

A capital account shows the net change in physical or financial asset ownership for a nation and, together with the current account, constitutes a nation's balance of payments. The capital account includes foreign direct investment (FDI), portfolio and other investments, plus changes in the reserve account.

Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

A capital account is one of two primary components of the balance of payment the other is the current account It reflects the net change in ownership of financial assets A surplus in it means that money is following into the country

Wilfredo Quito
by Wilfredo Quito , Accounting Manager , DDC LAND INC.

Thank you for your kindness invitation.

I agree with all previous answers.

Regards

Nazmul Islam CMA
by Nazmul Islam CMA , Manager , Robi Axiatal Ltd.

Agree with the answer added by Majid Wagade.

Majid Wangade
by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )

A capital account is one of the general ledger accounts used to record 1) the amounts that were paid into the company by an investor, and 2) the cumulative amount of the company's earnings minus the cumulative distributions to the owners.

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