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What is the Aviation and Transportation Security Act (ATSA) ?
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership interest.
Assets
Economic resources owned or controlled by a business, expected to provide future benefits.
Supplies
Items or materials used in the operation of a business, often consumable in nature.
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, essentially the net assets owned by the proprietors.
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