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What is EQUITY?
📚 New! Get my 2nd Edition Accounting Cheat Sheet Bundle → https://accountingstuff.com/shop What is Equity? Equity is the stuff that a business owes to its owners. If we rearrange the Accounting Equation, we can see that Equity is equal to Assets minus Liabilities. Or 'Net Assets'. So Equity is the owner's claim on the Net Assets of a ...
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