Examlex
Nan is an individual who enjoys working outside, taking care of park lands, planting trees, and building forest trails. Which of Holland's types best describes Nan's interests?
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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