How to find equity from assets and liabilities?

Question

452 viewsDecember 4, 2012Accounting

0

Brown December 2, 2012 0 Comments

I remember that there is a way to find how much equity a company has from the assets and the liabilities. Could you help please?

score 0 · Answer 1 · 2012-12-02T16:48:11+00:00

Its quite easy to find the equity if you have assets and liabilities. The basic accounting equation is:

Assets= Liabilities + Equity so if you know the assets and the liabilities, then:
Equity= Assets-Liabilities.