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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. It shows the value or net worth of the company to its owner(s). Simply put, it's the company assets minus the company liabilities.

See also

KB ID# H_COA_GL_OWNER_EQUITY_ACCOUNT
12/5/2016 6:51:08 PM
QYPPRDQBKSWS05 9138 Pro 2017 22810a