Assets - Liabilities = Owner's equity
Which of the following can best define this equation?
Short-term and long-term debt = Amount of money that owners have in
the company
All items of value that a company has - Short-term and long-term debt
= Amount of money that owners have in the company
Short-term and long-term debt - All items of value that a company has
= Amount of money that owners have in the company
All items of value that a company has - Short-term and long-term debt