Examlex
Select the correct suffix for the following descriptions.
-Separation, destruction:
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing what the owners or shareholders own outright.
Assets
Economic resources owned by a business or individual that are expected to bring future benefits.
Revenue
Income earned by a company from its business activities or sales, before any expenses are deducted.
Cash
Currency and coins, along with funds in bank accounts and other forms of immediately available funds.
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