Examlex
Add or subtract. Then simplify by collecting like radical terms, if possible. Assume that no radicands were formed by
raising negative numbers to even powers.
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Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of the shareholders.
Accounting Equation
The foundational equation of double-entry bookkeeping, stating that Assets equal Liabilities plus Equity, underpinning the structure of the balance sheet.
Asset
Resources owned or controlled by a business that are expected to produce economic benefits in the future.
Liability Accounts
Accounts on a company's balance sheet that represent the debts or obligations that it owes to others.
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