Examlex
What is the IQR?
Going Out Of Business
The process of closing a company permanently, often involving selling off assets and paying off creditors.
Revaluation Of Land
The process of adjusting the book value of land to reflect its current market value, often leading to an increase in assets on the balance sheet.
Ownership Equity
The residual interest in the assets of the enterprise after deducting liabilities, representing owners' share in the company.
Capital Balances
The amount of money or value that partners or owners have invested in a business.
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