Difference between revisions of "Calculate Owner’s Equity"
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Owner's equity is one of the simplest yet most helpful accounting concepts. Some might incorrectly assume that owner's equity tells you how much your business will sell for. It's actually a concept that allows you to see how your share of business is valued from an accounting standpoint. You'll need to know your business assets, liabilities, and owners' shares in order to calculate individual owner equity. | Owner's equity is one of the simplest yet most helpful accounting concepts. Some might incorrectly assume that owner's equity tells you how much your business will sell for. It's actually a concept that allows you to see how your share of business is valued from an accounting standpoint. You'll need to know your business assets, liabilities, and owners' shares in order to calculate individual owner equity. | ||
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== Steps == | == Steps == | ||
