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In a temperate latitude, estuary
Liability
Financial obligations or debts that a company owes to outside parties, which must be settled over time through the transfer of economic benefits.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position, listing assets, liabilities, and shareholders' equity at a specific point in time.
Current Assets
Resources anticipated to be turned into cash, sold, or used up within a year or during the business's usual operating period, if that period extends beyond a year.
Inventory
Goods and materials that a business holds for the purpose of resale or as part of its production process.
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