Saturday, September 19, 2020
Definition of Owners Equity or Net Worth
Meaning of Owners Equity or Net Worth Meaning of Owners Equity or Net Worth Definition: Owners Equity is the joined speculations of the owner(s) and the gathering of benefit or misfortunes for the business since it started. Proprietors Equity (Net Worth) is communicated in the accompanying bookkeeping equation: Total Assets - Liabilities Otherwise called: Also called, Net Worth, Owners Capital, Net Assets, Shareholders Equity, or Shareholders Funds. Exchange Spellings: Owners Equity
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