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فيديو شرح Accounting Training - Owner's Equity in Quickbooks (www.learnquickbooksfree.com) ضمن كورس كويك بوكس شرح قناة Mega Niche University، الفديو رقم 32 مجانى معتمد اونلاين
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In this Video of Accounting 101 we will be covering owner's equity.
Owner's equity is basically used when the owner's personal funds are being deposited or withdrawn out of the company.
So if the owner makes a personal deposit into the business checking account, you would use owner's equity as the account on quickbooks.
To take it to another level, if the owner uses the company credit card for personal items, when reconciling, all those personal charges go under owner's equity.
This number appears on the Balance Sheet only, it does not appear on the profit and loss as it has nothing to do with income or expenses.
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