Owner’s Equity in QuickBooks and QuickBooks Online involve equity transactions, and owner’s equity accounts in order to properly show the true amount of ownership claim or ownership rights an owner has in a company using QuickBooks desktop or online. This YouTube owner’s equity playlist will show you everything you need to know about owner’s equity; especially when using QuickBooks. You will first learn what is owner’s equity and what the official definition of equity really is. Then once you are clear regarding the explanation of owner’s equity ideas, then you can start learning about the owners’ equity accounts in any company’s general ledger; you will learn, in the QuickBooks chart of accounts, the equity type of accounts that both QuickBooks desktop and online will automatically give you on your list of accounts. In QuickBooks desktop, this would depend on the company type. In QuickBooks online, the default equity accounts depend on your subscription level. You will always have: an opening balance equity account, a retained earnings account and the equivalent of owner’s capital investment and owner’s withdrawls. The additional equity accounts will be added as needed. You will then learn how to make owner’s equity transactions like invwsting cash and assets or withdrawing owner’s draws or dividends in any cash or asset form. The last part will show you all about monthly equity adjustments. Things like distributing partnership income, closing the books, closing entries and income summary will also be shown. The idea, is that watching this quickbooks equity course will give you everything you need to know about owner’s equity. Therefore, we will cover all owner-related transactions where money or assets are coming to or from the owner as capital investment or owner’s withdrawals like dividends if it’s a corporation. I hope you will visit the main channel page youtube.com/worldwidequickbooks I hope you will “like” and subscribe. You can ask me QuickBooks questions in the comment section of any video. -Enjoy the course.