What is Equity?

#Equity #EquityStatements #Accounting #Partnerhsip

In this episode we dive into equity. This includes defining the accounting term equity and where it resides on the financial statements. We also run through an example of equity statement you might see for a public company. Lastly, we run through the intro of setting up a partnership statement.

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0:00 Intro
0:52 Equity Defined
1:17 Equity Statement
2:51 Partnership Defined
3:08 Partnership Statement Example
4:16 Outro