Re: Bull and Bear Markets
Posted: October 31st, 2023, 5:51 pm
GoSeigen wrote:Bubblesofearth wrote:
No it isn't. it's listed separately as equity.
BoE
OMG!
GS
EDIT: Sorry, that's a bit cryptic, but please read a basic text on double-entry accounting...
Not cryptic at all, just patronising.
https://www.bankrate.com/loans/small-bu ... es-equity/
Key takeaways
Assets are quantifiable things — tangible or intangible — that add to your company’s value
Liabilities are what your company owes to others, whether that’s an investor or a bank that issued a loan
Equity is everything left when you subtract liabilities from assets, and it represents the owners’ value in the company
To balance your books, the accounting equation says assets should always equal liabilities plus equity
BoE