Under Which Condition Is Owners' Equity Positive

question 179

Short Answer

Under which condition is owners' equity positive?
Assets are greater than liabilities.
Assets and liabilities are equal.
Credits exceed debits.
Liabilities are greater than assets.
Debits exceed credits.

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Definitions:

Chiropractic

A healthcare discipline focused on the diagnosis, treatment, and prevention of mechanical disorders of the musculoskeletal system, especially the spine, under the hypothesis that these disorders affect general health via the nervous system.

Dietary Supplements

Products taken by mouth that contain dietary ingredients intended to supplement the diet, such as vitamins, minerals, herbs, or amino acids.

Supplement Diet

The practice of taking vitamins, minerals, or other nutritional products to add to one's daily food intake.

Vitamins

Organic compounds that are essential in small amounts for the body's normal growth, functioning, and health maintenance.