What is Equity? - Financial Accounting

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Professor AJ Kooti explains, What is Equity in Accounting, as part of his financial accounting course series.

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I was searching about it and I found your video. Really good and clarifying, thanks!!

nnicollydiva
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i've just started accounting and I still am not 100% sure on what equity is. From my understanding from this video (and my lectures) it is the ownership a person has in the company aswell as the retained earnings. Is revenue a part of equity? I've been told equity is made up of share capital and reserves (reserves being capital reserves and revenue)

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