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Using your knowledge from other chapters, consider ways that race, gender, and class impact the ways that families might perceive accordion families.
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing the owners' claim on the business assets.
Withdrawals
Funds taken out from a business by its owner(s) for personal use, which reduce the capital accounts in the company’s equity section.
Revenue
The global earnings a company obtains from its key operational trades, especially in goods or services sales.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.
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