February 28, 2023

Understanding Equity on the Balance Sheet for a Sole Proprietor

By Li Lin | Feb 28, 2023

The equity section of the balance sheet looks different depending on the legal structure of your business. The most common entity types are corporations, partnerships, and sole proprietors. In this article, we’ll take a look at what the equity section of the balance sheet looks like for sole proprietors. The Equity Section As a reminder,…

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