What Is The Difference Between Current And Capital Accounts?

One of the most commonly asked questions from people with a bank account is what exactly is the difference between a current and capital account. In this article, we are going to outline all the differences between the two accounts and give you some tips on how to keep your accounts in order.

What is a Capital Account?

A capital account is an account that records a company’s investments, including money spent on acquiring or improving fixed assets and money invested in other companies. The capital account is one of the three main categories of accounts in accounting, along with ...