Examlex
The VU in the equation above represents:
Liabilities
Financial obligations or debts owed by a business to external parties or entities.
Owner's Capital
The amount of money and assets the owner has invested in a business.
Revenues
The complete revenue earned from selling goods or services that are fundamental to a company's core business activities.
Expenses
Monetary costs incurred in the operation of a business, leading to the creation of liabilities or decrease in assets.
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