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Set up an equity account for each partner from QuickBooks chart of accounts. Select "New" in the chart's account button at the bottom left. In the new window, a drop-down menu for Type lists the ...
Setting up your QuickBooks account correctly, however, can seem daunting. To make the process easier, here's a step-by-step guide to help you get started. QuickBooks ...
For example, if a company's total book value of assets amount to $1,000,000 and total liabilities are $300,000 the shareholders' equity would be $700,000. Book Value: Definition & Formula ...