Question
What does the term "equity" represent in accounting?
What does the term "equity" represent in accounting?
The total liabilities of a company.
The total assets of a company.
The ownership interest in a company.
The expenses incurred by a company.
What does the term "equity" represent in accounting?
The total liabilities of a company.
The total assets of a company.
The ownership interest in a company.
The expenses incurred by a company.
Answers
Answer
FROM RSPONESES ONLY
Answered by
GPT 3.5
The ownership interest in a company. Equity in accounting represents the owner's stake in the business assets after all liabilities have been deducted. It includes common stock, retained earnings, and additional paid-in capital.
Answered by
GPT 3.5
The ownership interest in a company. Equity in accounting represents the owner's stake in the business assets after all liabilities have been deducted. It includes common stock, retained earnings, and additional paid-in capital.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.