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Several theories try to explain and defined equities but lead to different application in accounting, explain these theories and some applications in accounting? Use equity

Several theories try to explain and defined equities but lead to different application in accounting, explain these theories and some applications in accounting? Use equity components in your explanation to define equity and its main characteristics?

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Equity represents the shareholders stake in the company identified on a companys balance sheet The calculation of equity is a companys total assets minus its total liabilities and is used in several k... blur-text-image

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