THE ACCOUNTING EQUATION
{"Image DocumentName": "THE ACCOUNTING EQUATION", "Image ImageDescription": "Assets are the economic resources of a business that are expected to be of benefit in the future. Claims to assets come from. Liabilities. Economic obligations - debts payable to outsiders, called creditors. Owners\u2019 equity (capital) Assets held by the owners of the business. \u00a9 2001 Prentice Hall Business Publishing Financial Accounting, 4/e Harrison & Horngren.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}