1? 13 19 20 21 22 23 Assets equals Equities is a valid accounting equation. Odd-man out: Select the word that does not belong to the group. The owner's claim over the assets of the business. Marilag Beauty Shop has total assets of P250, DUO, liabilities of P20, ODD, capital of P130, 1100, revenues of P150, ODD and expenses of P30, DUDthhe non-current assets is three times the current assets, the current assets is Debits equals Credits is another version of Assets equals Liability + Capital. Excess of sales over cost of goods sold. Consist of all product cost and goods in process completed during the period