Five Types of Equity Accounts for Businesses of Any Size
If you’re into handling the finances of your organization in any way, one thing that you might have spotted in the financial statements is ‘Equity’. Equity is what makes shareholders partial owners in the company, proportional to the number of shares they own. If you’re not familiar with the term, don’t worry. We’re here to break it down for you. What is it? How to calculate equity? What are its types? Get to know all this and more in this blog.