The equity section of the balance sheet identifies the approximate dollar value of net worth accrued to the owners/investors. Equity accounts can have both credit and debit balances. By far the most preferred is a credit value. Debit values does not mean that something is wrong, actually it can be a great sign of a good operation.
The equity section is a part of the balance sheet used to present the book balance related to the financial value accruing to the owners/investors. This section identifies the capital investment, accrued earnings and accumulated payments to owners over time.