Equity Definition - What is Equity?

Equity definition with discussion of key components of definition and example to illustrate the term if equity. The definition of equity: Owner’s claim on the assets of a business; equals the residual interest in an entity’s assets after deducting liabilities; also called nets assets. Equity can be represented using the accounting equations of: Assets – Liabilities = Equity.
Why Learn Accounting - Financial Accounting / Managerial Accounting
101 Double Entry Accounting System Explained - Accounting Equation
101 Cash vs Accrual - Cash Method / Accrual method differenc
101 Revenue Recognition Principle
Double Entry Accounting System Explained - Balance Sheet
101 Income Statement Introduction
101 Accounting Objectives - Relevance Reliability Comparability
101 Transaction Rules - Accounting Equation
101 Transaction Throught Process / Steps - Accounting Equation
101 Owner Deposits Cash Transaction Accounting Equation
101 Work Completed for Cash Transaction Accounting Equation
100.110 Pay Employee with Cash Transaction Accounting Equati
200 Debits & Credits Normal Balance - Double Entry Accounting Sy
200 Debits & Credits - One Rule to Rule Them All

[laurapitts]

This was the only helpful video that I have found to explain this. I am in Fundamentals of Accounting I and I needed a brief explanation. Thank you!

[destined]

So for example a business has 500£ worth of assets and owes the bank 300
So 200£ left and of one of the shareholders agreed on a 5% of the company it means they get 5% of the 200£(equity).
Right?
Pls answer

[arnaud]

Very well explained... I actually get it now, haha.