Tag Archives: financial-statements

When it comes to financial statements, you may have come across the term “expenses under equity” and wondered what it means. Don’t worry, you’re not alone! This phrase refers to a specific portion of a company’s balance sheet that shows the expenses incurred by the business during a specific period. …

Do you ever wonder what equity in accounting really means? Have you ever heard the term being thrown around in business discussions, but didn’t quite grasp its definition? Equity refers to the portion of a company’s assets that is owned by its shareholders or investors. In simpler terms, it is …