What is the difference between "it's" and "its"?

English
Tutor: None Selected Time limit: 1 Day

What is the difference between "it's" and "its"? Please explain. 
Aug 31st, 2015

Thank you for the opportunity to help you with your question!

its indicates possession or ownership

For example

The dog wagged its tail in anticipation

it's is a short form or contraction of it has or it is

It's 2 pm.


Please let me know if you need any clarification. I'm always happy to answer your questions.
Aug 31st, 2015

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Aug 31st, 2015
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Aug 31st, 2015
Dec 8th, 2016
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