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negative owner's equity

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A net debit balance for the total amount of owner’s equity. It is the result of the reported amount
of liabilities exceeding the reported amount of assets.

Dictionary

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  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Accounts Payable
  • Inventory and Cost of Goods Sold
  • Depreciation
  • Payroll Accounting
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Certificate - Debits and Credits
Certificate - Adjusting Entries
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Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
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Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Accounts Receivable and Bad Debts Expense
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Certificate - Inventory and Cost of Goods Sold
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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