It is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities.
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Solution 1
The text you provided is a definition of "Equity". In accounting and finance, equity represents the residual interest in the assets of an entity (such as a company or individual) once all liabilities have been deducted. It is often considered a measure of a company's net worth and is used in various Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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