Fill in the correct labels for the following figure using the word bank below.
-A ________
Definitions:
High-tech Industries
Sectors that are heavily involved in the development and production of technology, including computing, telecommunications, and biotechnology.
Double-Entry Accounting
An accounting system in which every business transaction is recorded in an asset account and a liability or owner’s equity account so that the system will balance.
Owner's Equity
The residual interest in the assets of a company after subtracting liabilities, often referred to as shareholder's equity in a corporation.
Liabilities
Financial obligations or debts that a company or individual owes to others.
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