what is owner's equity? give an equation for calculating owner's equity.
 give two examples at least.
 

owner equity is the capital invested in business by the businessman 

capital = assets - liabilities
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OWNER'S EQUITY IS ALSO KNOWN AS NET WORTH . IT IS THE CAPITAL INVESTED IN THE BUSINESS . IT IS A INTERNAL LIABILITY FOR THE BUSINESS . 

EQUATION :   CAPITAL = ASSET - LIABILITY 

EXAMPLES:   ASHA STARTED A BUSINESS WITH  rs 1,00,000
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Owners equity represents the owners investment in the business minus(-)the owners drawn or withdrawals from the business plus(+) the net income since the business began Capital=assets-liability eg-Raman starts a business with Rs.2,00,000 so now Capital = assets -liability 2,00,000=0 - 2,00,000 2,00,000=2,00,000
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Owner's equity is also known as net worth. It is the capital or amount invested by the proprietor in the business. It is the internal liability for business. Capital = Asset - liability Examole: Ramu startes business with cash
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