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Determine whether the table expresses the second variable as a function of the first variable.
Assets
Resources owned by a business or individual that are expected to provide future economic benefits.
Liabilities
Liabilities are financial obligations or debts that an entity owes to external parties, expected to be settled over time through the transfer of economic benefits.
Owner's Equity
The residual interest in the assets of a business after all liabilities are subtracted, representing ownership's claim on assets.
Expenses
Expenses are the outflows or the utilization of assets or incurring of liabilities during a period in the course of generating revenue.
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