SOFPForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › SOFPThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts June 27, 2015 at 3:33 am #258909 dansindoMemberTopics: 24Replies: 38☆☆in the lecture video, it says that capital means “owed to owner” shouldn’t it be a liability? June 27, 2015 at 8:14 am #258919 John MoffatKeymasterTopics: 56Replies: 53798☆☆☆☆☆Capital is a liability, but because it is a liability to the owner it is called ‘capital’. We save the words ‘current liabilities’ and ‘non-current liabilities’ for amounts owed to other people.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In