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Owner's Equity (definition)

Owner's Equity

The owner's equity account holds the owner's original investment in the company and any retained earnings that have been moved into it at the end of each fiscal year. chart of accounts, accounts receivable, defined, . It shows the value or net worth of the company to it owner(s). chart of accounts, accounts receivable, defined, . Simply put, it's the company assets minus the company liabilities. chart of accounts, accounts receivable, defined, .

See also

KB ID# H_COA_GL_OWNER_EQUITY_ACCOUNT
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11/23/2009 11:29:00 AM