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Types of Equity Accounts

Types of Equity Accounts

Equity is defined as the owner's interest in the company assets. Upon liquidation after all the liabilities are paid off, the shareholders own the remaining assets. This is why equity is often referred to as net assets or assets minus liabilities.

Contents:

1 What is an Equity Account? – Definition 2 Types of Equity Accounts – Explanation 3 Examples...

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More about this material

Material Type:
Reference Material
Date Added to MERLOT:
September 3, 2018
Date Modified in MERLOT:
October 7, 2018
Author:
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College Upper Division
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Accessibility Information Available:
Unknown
Creative Commons:
Unknown

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