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djun
05-20-2014, 06:41 PM
Hi,

I don't know what is the difference between the Equity & the Owner's Equity on a balance Sheet. Somebody can explain it for me please.

Thank you.

cheapwebdesignchicago
06-25-2014, 09:14 AM
I believe they are the same things, just difference in term based on legal structure of your company.

Generally, when they say "Owner's Equity", it means it's a sole proprietorship (maybe s-corp as well?) with you being the "owner".

Equity is just the difference between the company's assets less the company's liabilities. Both the same things in that it is what you "own" in the company.

Hope that helps.