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Subtract. Simplify, if possible.
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Assets
Resources owned by a company from which future economic benefits are expected to flow to the entity.
Owner's Equity
The residual interest in the assets of a company after deducting its liabilities, representing the ownership's claim on assets.
Liabilities
Financial obligations or debts that a company or an individual owes to others.
Asset
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
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