what is equity ? It's meaning and definition ?
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Answered by
15
Answer:-
- The quality of being fair and impartial.
- The values of the share issued by a company .
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Answered by
11
Answer:
In accounting , equity is the difference between the value of assets and the value of the liabilities of something owned .
for example :-if someone own a cars worth $ 15,000 ( an asset ) , but owes $ 5,000 on a loan against the car ( a liability ) , the cars represents $ 10,000 of equity.
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