Examlex
Name the indicated property.
-If x + 2 = -7, then x + 2 - 2 = -7 - 2
Liabilities
Financial obligations or debts owed by a business to others, which must be paid back in the future.
Assets
Economic resources owned by a business that are expected to provide future benefits or value.
Balance Sheet
A financial statement that presents a company's financial position at a specific point in time, including assets, liabilities, and equity.
Owner's Capital
Represents the total equity belonging to the owners of a company or business, reflecting the net assets minus liabilities.
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