What is reflected in the company's current capital from the general ledger?

The current capital reflected in a company's general ledger represents the investments made by the owner, which is recognized as equity in the balance sheet. This equity account captures the owner's contributions, whether in the form of cash, assets, or other resources invested into the business.

As the owner makes investments, those amounts increase the company's capital, indicating the financial stake the owner has in the company. This is essential for understanding the company's solvency and financial health because owner's equity contributes to financing the operations and growth of the business.

In contrast, total liabilities and expenses, gross revenue generated, and operating expenses represent different aspects of a company's financials. They don't directly pertain to the ownership stake reflected in the capital. Total liabilities represent what the company owes, expenses reflect costs incurred during operations, and gross revenue indicates income generated from sales—all of which are separate from the owner's equity contributions.