Accountancy, asked by Anonymous, 1 year ago

what is owners equity?

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Answered by Anonymous
13
Hey!!!.........



Ur Answer is..........


Owner's equity is one of the three main components of a sole proprietorship's balance sheet and accounting equation. Owner's equity represents the owner's investment in the business minus the owner's draws or withdrawals from the business plus the net income (or minus the net loss) since the business began.

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