Assets Minus Liabilities
Equals Equity?

(Ventura, California)

Q: Why do they not say assets minus liabilities = equity?

They do. Well, some teachers, professors, lecturers do.

Actually that is the definition of owner's equity too. See this page for more explanation of equity and the accounting equation.

Click here to post comments

Return to Ask a Question About This Lesson!.

Enjoying this Website?
Help Support it with a Donation


Advertise on

Search this website:

All the lessons on this site and much, much more...

Accounting Basics: Complete Guide

Available Now On

Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by

Subscribe to
The Student Accountant newsletter

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you The Student Accountant.