Assets minus liabilities = owner's capital / equity
2007-06-20 15:45:14
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answer #1
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answered by Anonymous
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First, according to some ways of explaining it, owners equity IS a liability. Assets equals liabilities (as in debt and equity). So if the assets were 3 billion and the company had 2 billion in debt, then the owners equity is the remaining 1 billion.
Assets are the value that a business has to work with. Liabilities are what those assets are due to. If a company has debt, it is liable to repay it. If there is value above the debt, then the managers of a business are liable, as in responsible to, the owners value.
2007-06-20 15:50:59
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answer #2
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answered by Rabbit 7
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Assets minus liabilities equals owners equity.
The share of each owner determined by the portion of the capital invested by each of them.
If A, B and C invested 100, 300 and 600 USD so A has 10% of share, while B and C are 30% and 60%
2007-06-20 16:03:25
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answer #3
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answered by tom_santo 3
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you won't be able to discover earnings from this suggestions. in case you like help finding retained incomes from sources, liabilities, and paid in capitol, you're failing the 1st MINUTE of Accounting one 0 one. sources = Liabilities + proprietor's fairness. contained in relation to a company. proprietor's fairness = Paid in Capital + Retained earnings.
2016-10-18 05:12:56
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answer #4
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answered by xie 4
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I wish I knew what the hell you are talking about HA
2007-06-20 15:51:22
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answer #5
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answered by Kay♥™ 5
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