Examlex
The escape sequence _____represents a tab character.
Owner's Drawings
The act of an owner drawing funds from a business in a sole proprietorship or partnership for personal needs.
Capital Account
A capital account is a financial statement that shows the changes in a company’s assets, liabilities, and equity, or an individual part of a nation's balance of payments reflecting net change in ownership of national assets.
Owner's Equity
The residual interest in the assets of a business after all liabilities are deducted.
Liabilities
The sum of all debts and financial commitments a company owes to external parties, appearing on the company's balance sheet.
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