Question

$\huge\red{ʜᴏʟᴀ}$

ᴡʜᴀᴛ ɪꜱ ᴏᴡɴᴇʀ'ꜱ ᴇqᴜɪᴛy ? ɢɪᴠᴇ ᴀɴ ᴇqᴜᴀᴛɪᴏɴ ꜰᴏʀ ᴄᴀʟᴄᴜʟᴀᴛɪɴɢ ᴏᴡɴᴇʀ'ꜱ ᴇqᴜɪᴛy. ɢɪᴠᴇ ᴛᴡᴏ ᴇxᴀᴍᴩʟᴇꜱ ᴀᴛ ʟᴇᴀꜱᴛ.

❌ɴᴏ ᴄᴏᴩɪᴇᴅ ᴀɴꜱᴡᴇʀꜱ❌

❌ɴᴏ ꜱᴩᴀᴍᴍɪɴɢ❌

➡ᴄʟᴀꜱꜱ - xɪ

➡ ᴄʜ - ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴇqᴜᴀᴛɪᴏɴ ​

Answer 1

Answer:

the formula of owner equality is owner's equality =assests -liabilities .assests liabilities and subsequently the owners equetor can be derived from a balance sheet which shown these items at a specific points at time............

owners equality is defined as the proportion of the total value of a compony's asessts that can be claimed by its the owner and by its shareholders .it is calculated by deducting all liabilities from the total value of an assests.......

example:-computer assembly warehouse

lets assumed that jake owns and runs a computer assembly plant in hawaii and he want to know his equaity in his bussiness .jake balance sheet for the previous year shows that the warehouse premises are valued at 1 million the factory equipment is valued at 1 million inventory is valued at 8000000 and the debtors owns the bussiness 4000000 the balance sheet also indicate that jakes owes the bank 5000000 creditors 8000000 and the wages and salaries stand that 8000000.....

Explanation:

owners equity =assests -liabilities

where

asests =1000000+1000000+8000000+4000000

=3.2 million

liabilities=500000+8000000=2.1 million

jakes equity =3.2 million -2.1 million=1.1 million

.........that is the answer.......

mark me as brainllist...........❤❤❤❤

Answer 2

ANSWER

owners equity =assests -liabilities

where

asests =1000000+1000000+8000000+4000000

=3.2 million

liabilities=500000+8000000=2.1 million

jakes equity =3.2 million -2.1 million=1.1 million