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2. Statement of changes in equity - Wikipedia

   en.wikipedia.org/wiki/Statement_of_changes_in_equity

   A statement of changes in equity is one of the four basic financial statements.It is also known as the statement of changes in owner's equity for a sole trader, statement of changes in partners' equity for a partnership, statement of changes in shareholders' equity for a company, and statement of changes in taxpayers' equity [1] for a government.

3. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   Equity accounts are used to recognize ownership equity. The terms equity [for profit enterprise] or net assets [not-for-profit enterprise] represent the residual interest in the assets of an entity that remains after deducting its liabilities (CF E61). Equity accounts include common stock, paid-in capital, and retained earnings. Equity accounts ...

4. General ledger - Wikipedia

   en.wikipedia.org/wiki/General_ledger

   Assets = Liabilities + (Shareholder's or Owner's equity). [10] [5] The accounting equation is the mathematical structure of the balance sheet. Although a general ledger appears to be fairly simple, in large or complex organizations or organizations with various subsidiaries, the general ledger can grow to be quite large and take several hours ...

5. What Is Owner’s Equity? - AOL

   www.aol.com/news/owner-equity-175326187.html

   Owner's equity is the value of a business that the owner can claim, and it consists of the firm's total assets minus its total liabilities. Both the amount of owner's equity and how much it has ...

6. What are assets, liabilities and equity? - AOL

   www.aol.com/finance/assets-liabilities-equity...

   owner’s equity = assets – liabilities For example, if a company with five equal-share owners has $1.2 million in assets but owes $485,000 on a term loan and $120,000 for a semi-truck it ...

7. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.