For other people named Bob Ross, see Bob Ross (disambiguation) . Robert Norman Bob Ross (October 29, 1942 â July 4, 1995) was an American painter, art instructor, and television host.
net equity net assets and deficit equity are all terms that may arise on a company s balance sheet this is a document that is prepared periodically and is used for accounting purposes it is also prepared for the benefit of stockholders or any entity that has a financial interest in the company such as a creditor
Shareholders' equity is obtained by subtracting total liabilities from the total assets of the shareholders. These assets and liabilities can be: Equity (beginning of year) + net income. â dividends. +/â gain/loss from changes to the number of shares outstanding.