If the Assets Owned by a Business Total $59,000, Owner's

question 33

True/False

If the Assets owned by a business total $59,000, Owner's Equity must also total $59,000.

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Definitions:

Inferred Behavior

Actions or responses deduced from observed evidence rather than direct observation.

Say

Say refers to the extent to which individuals or groups have influence or input in decisions or matters affecting them.

Attitude

A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation.

Basic Components

Fundamental parts or elements that make up a system, structure, or compound.