Examlex
Match each definition with the correct term below.
-HSV-2
Liabilities
Financial obligations or debts that a company owes to others, which must be paid in the future, including loans, accounts payable, and mortgages.
Shareholders' Equity
The residual interest in the assets of a corporation after subtracting liabilities, representing the ownership interest of shareholders.
Liabilities
Obligations a company owes to external parties, which can include loans, accounts payable, mortgages, and other debts due.
Assets
Resources owned by a company or individual that have economic value and can be used to meet debts or commitments.
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