Question

the owner's equity is usually consists of​

Answer 1

Answer:

• Money invested by the owner of the business. Plus profits of the business since its inception. Minus money taken out of the business by the owner.

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Answer 2

Answer:

Owner's equity can be calculated by summing all the business assets (property, plant and equipment. PP&E is impacted by Capex,, inventory, retained earnings. Retained Earnings are part, and capital goods) and deducting all the liabilities (debts, wages, and salaries, loans, creditors).

Explanation:

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