What is Owners Equity? Explained with Examples

In this video we’re going to talk about owner’s equity. 👉 Kicktstart your accounting journey today. Learn the basics with our highly rated Udemy course: https://bit.ly/3VWIsr4 It’s one of the most important concepts for any size business - from small work-at-home freelancers right up to the largest corporations in the world - but because the phrase “owner’s equity” sounds like boring accounting jargon, it’s not widely understood. But it is important, and that’s because it’s one of the best measures of the overall health of a business. Timestamps: 00:00 What is Owner's Equity? Explained with Examples 00:01 Owner's equity - you need to know 00:27 Owner's equity in accounting 00:48 Owner's equity formula 01:20 Owner's equity explained 01:58 How to get the owner's equity in assets and liabilities examples ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ⚖ DISCLAIMER Information provided in our videos does not constitute financial, taxation, legal, business or other professional advice. If you make a purchase through an affiliate link provided we may receive a commission. We do not accept any responsibility or liability for purchases made through third-party vendors, websites, or services. It is your responsibility to review and understand the terms, conditions, and policies of third parties before making any purchases. Any offers mentioned in our videos are correct at the time of recording and may not be available forever. While some of our videos are sponsored, all information and opinions are our own and are unbiased.