Examlex
What principle of outlining identifies the hierarchy of ideas?
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing ownership interest.
Assets
Assets are resources owned by a company or individual that have economic value and can provide future benefits, like cash, inventory, and equipment.
Increase
An upward movement or growth in value, amount, or any measurable attribute.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the owner's claim on the company's resources.
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