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The phragmoplast eventually becomes the
Liabilities
Financial obligations or debts owed by a business to external organizations or individuals.
Accrued Revenues
Assets (receivables) created when revenues are earned, but cash will be collected from customers in the future; created at end of period during the adjustment process to reflect the amount of revenue earned by providing goods or services over time to customers who will pay in the future.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the owners' claim on the company assets.
Assets
Resources owned by a company from which future economic benefits are expected to flow to the company.
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