abhijit pataliya


{ City } mumbai
< Country > india
* Profession * associate
User No # 13736
Total Questions Posted # 0
Total Answers Posted # 1

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 14
Users Marked my Answers as Wrong # 12
Questions / { abhijit pataliya }
Questions Answers Category Views Company eMail




Answers / { abhijit pataliya }

Question { ABN AMRO, 35670 }

What is the diffrecnce between liabilities and owner's
equity?


Answer

Hi,

Owner and the Company/Firm are both the different entities.
Owner's Equity itself is a liability for the firm/Company
as the owner has invested it into the firm.

Hope this helps.

Thanks,
Abhijit

Is This Answer Correct ?    14 Yes 12 No