Items that are held for short periods of time.
Capital is a long term liability.
Also advertising, property, heating, motor vehicles running costs etc. This is the entry on the right side of an account, money going out. This is the entry on the left hand side of an account, money coming into the business. Sum of cash bank balances bills receivable investments trade debtor stock and similar readily releasable assets. They indicate the level of liquidity and are linked at with current liabilities.