Assertion: balance sheet's difference | /r/Synonym | equity
Facets:
Source sentences:
text: The difference between what you own (assets) and what you owe (liabilities) is called net worth, or owner’s equity.
text: The difference between the assets and the liabilities is known as equity or the net assets or the net worth or capital of the company and according to the accounting equation, net worth must equal assets minus liabilities.
text: The difference between what you own (assets) and what you owe (liabilities) is called net worth or owner’s equity.
text: The difference between the two is called owners' equity, which is the current equity the company has that technically belongs to its shareholders or owners.