All items on the right-hand side of the firm's balance sheet, excluding current liabilities are called capital.

Name: All items on the right-hand side of the firm's balance sheet, excluding current liabilities are called capital.
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Capital refers to the long-term liabilities and equity items on the balance sheet, such as stock, retained earnings, and bonds. Current liabilities are not included in capital as they are short-term obligations that must be paid within the year.

All Items on the Right-Hand Side of the Firm's Balance