Equity represents the owner's investment in the company, which can be either his/her cash invested in the company or money borrowed from a bank to purchase fixed assets.

Name: Equity represents the owner's investment in the company, which can be either his/her cash invested in the company or money borrowed from a bank to purchase fixed assets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Equity represents the owner's investment in the company, typically in the form of cash or assets contributed by the owner, not money borrowed from a bank.

Equity Represents the Owner's Investment in the Company, Which Can