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In a Sole Proprietorship,the Equity Portion of the Balance Sheet

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In a sole proprietorship,the equity portion of the balance sheet is known as ____________ equity.

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Definitions:

Point

In geometry, it represents an exact location in space with no dimensions.

Quadrants

The four sections of the Cartesian plane, divided by the x and y axes, used to classify the position of points.

Assume

To accept something to be true without verification or proof, often used in the context of mathematical proofs and hypotheses.

Right Triangle

A triangle that has one angle measuring 90 degrees.

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