What is the definition of equity 2024?
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Often the word equity is used when referring to an ownership interest in a business. ... Occasionally, equity is used to mean the combination of liabilities and owner's equity. For example, some restate the basic accounting equation Assets = Liabilities + Owner's Equity to become Assets = Equities.
2023-05-12 11:05:18
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Often the word equity is used when referring to an ownership interest in a business. ... Occasionally, equity is used to mean the combination of liabilities and owner's equity. For example, some restate the basic accounting equation Assets = Liabilities + Owner's Equity to become Assets = Equities.