TOTAL LIABILITIES AND EQUITY Definition

Bookmark and Share

TOTAL LIABILITIES AND EQUITY is all claims on the company's total assets, by outsiders (liabilities) and the company owners/shareholders (equity).

Learn new Accounting Terms

SUBSIDIARY BOOKS see SUBSIDIARY LEDGER.

DISCRETIONARY BUDGETING see DISCRETIONARY SPENDING.

Suggest a Term

Enter Search Term

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