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Whereas the Christian image by Cimabue depicts the central figure surrounded by angels, the Buddhist image in this chapter shows the central figure surrounded by
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of shareholders or partners.
Liabilities
Financial obligations or debts owed by a business to outsiders, such as loans, accounts payable, or mortgages.
Owner's Equity
The total assets minus total liabilities of an individual owner in a business, representing the owner's residual interest in the company.
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