click below
click below
Normal Size Small Size show me how
eopa Jstegall2
Jstegall
Question | Answer |
---|---|
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 |