Can the owner's equity be negative
This query is : Resolved
Gaurav Srivastava
(Querist)
04 December 2015
Hi
Anyone please confirm me whether owner's equity can be negative in the balance sheet or not?
Thanks in advance
Anyone please confirm me whether owner's equity can be negative in the balance sheet or not?
Thanks in advance
CA R SEETHARAMAN
(Expert)
04 December 2015
It can be negative if there is loss in business more than the capital invested.
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