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The social construction of race is illustrated by the way that
Assets
Resources owned by a business or individual that have economic value and can provide future benefits.
Liabilities
Financial obligations or debts owed by a business to others, including loans, accounts payable, and mortgages.
Total Liabilities
The sum of all financial obligations a company owes to outsiders, including debts, accounts payable, and other liabilities.
Accounting Equation
A fundamental principle in accounting that states assets equal the sum of liabilities and owner's equity (Assets = Liabilities + Equity).
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