Equity vs. Total Liabilities and Equity - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Students (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=13) +--- Thread: Equity vs. Total Liabilities and Equity (/showthread.php?tid=10449)

Equity vs. Total Liabilities and Equity - nabtechnical - 10-05-2011 Dear Folks, Hello. I'm new to this forum and generally newbie to Financial Accounting. No matter how hard I try, I can't understand the difference between "Shareholder’s Equity" and "Total Liabilities and Shareholder’s Equity" in balance sheet. I know that Shareholder’s Equity = Total Assets - Total Liabilities. Then what is "Total Liabilities and Shareholder’s Equity"? Is it equal to Total Assets? Thank you in advance for your help