2 4: The Basic Accounting Equation Business LibreTexts
The https://www.bookstime.com/ owner’s equity is the value of assets that belong to the owner(s). More specifically, it’s the amount left once assets are liquidated and liabilities get paid off. As we previously mentioned, the accounting equation is the same for all businesses. It’s extremely important for businesses in that it provides the basis for calculating […]
2 4: The Basic Accounting Equation Business LibreTexts Leer más »