Q what do you mean by equityequity - residual interest in, Ask an Expert

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Q. What do you mean by Equity?

Equity - Residual INTEREST in ASSETS of an entity which remains after deducting its LIABILITIES. Additionally, amount of a business' total assets less total liabilities. And the third section of a BALANCE SHEET, other two being assets and liabilities.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9578009

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