Examlex
It is relatively simple to predict your exact metabolic rate from your exercise heart rate, if a basic
formula is followed.
Owner's Equity
The owner's residual interest in the assets of the company after deducting liabilities, representing the owner's stake in the business.
Total Assets
The sum of all assets, both current and noncurrent, owned by a business.
Liabilities
Financial obligations or debts owed by a business or individual to creditors, which must be settled over time through the transfer of economic benefits including money, goods, or services.
Accounting Equation
The fundamental equation of double-entry bookkeeping that states assets equal liabilities plus equity, serving as the foundation for a balance sheet.
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