What is Owners Equity? Explained with Examples
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- čas přidán 25. 06. 2023
- In this video we’re going to talk about owner’s equity.
It’s one of the most important concepts for any size business - from small work-at-home freelancers right up to the largest corporations in the world - but because the phrase “owner’s equity” sounds like boring accounting jargon, it’s not widely understood.
But it is important, and that’s because it’s one of the best measures of the overall health of a business.
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Timestamps:
00:00 What is Owner's Equity? Explained with Examples
00:01 Owner's equity - you need to know
00:27 Owner's equity in accounting
00:48 Owner's equity formula
01:20 Owner's equity explained
01:58 How to get the owner's equity in assets and liabilities examples
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Please note that Bullseyemoney is not a financial or tax adviser. Our videos are here to inform you and the information provided does not constitute financial, taxation, legal, business or other professional advice and should not be relied upon as such. Bullseyemoney is not liable or responsible for any financial, tax, legal, business or other decisions you make. If you are looking for advice, you should seek a suitable and qualified adviser.
OMGGGG, THANK YOUUUU. I have an EMS exam tomorrow, and this helped A TON!
I'm so glad!
Thank you, watched several videos before yours but yours is by far the best!
Your explanation is very easy to understand. Hope you create more of these for future accountants and bookkeeper.
I have a huge list to create :)
thank you this is well explained.
THANK YOU
❤
I’m just going to explain it simply…
all he’s saying is that equity is a difference between assets and liabilities. Assets are the value of everything that you have plus things that you’re owed, and liabilities just means what you owe.
you’re welcome.
trop bien