ENTITY THEORY Definition

Bookmark and Share

ENTITY THEORY is where a legal entity is regarded as having a separate existence from the owners. The financial statements are prepared from the perspective of the entity, not its owners. See PROPRIETARY THEORY.

Learn new Accounting Terms

RINGGIT is a currency of Malaysia.

SHARE PREMIUM is the difference between the higher price paid for a share of stock and the stocks par value when issued.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.