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eopa Jstegall2

Jstegall

QuestionAnswer
Liability any amount owed to a creditor
Securities shares (stocks) and bonds
Shareholders´ Equity the shareholder's claims on a company's assets after all of its creditors have been paid
Bank Debt loan capital including also any overdraft (temporary negative balance)
inventory the value of raw materials and stock
Mortgage a long-term bank loan to purchase a home or other real estate
The basic equation that has to balance is: Assets = Liabilities + Shareholders´ equity
Created by: jasminestegall
 

 



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