The first two equations are equivalent and I can see this since both lines perfectly overlap:

According to my understanding and spreadsheet, the left side of the second equation, $\ln(y)-\ln(y-1)$ should be the same as $\ln(y/(y-1))$ However, if you see the third formula in the link, it is not the same, it both overlaps the first two and then has another line going from $0$ to $-\infty$..
Quick example from my spreadsheet:
y=5
y-1 = 4
ln(5)-ln(4)=0.2231435513
ln(5/4)=0.2231435513
They are the same then?

The reason is simple:
The usual rule of logarithms you're thinking of -- $\log_b(x) - \log_b(y) = \log_b(x/y)$ -- implicitly assumes $x,y>0$ in order for the logarithms on the left-hand side to be well-defined. Of course, you could have $x,y < 0$ and thus $x/y > 0$ and thus the logarithm on the right-hand side is perfectly fine, but those on the left are not.