93.11 9:00 residual interest in the assets of an entity that remains after *. deducting its liabilities a-losses b-equity c-liabilities d-revenues e-gains Includes all the information that is necessary for a faithful representation of the economic phenomena that it * .purports to represent a-faithful representation b-relevance c- completeness d-understandability e-balance sheet 93.11 9:00 residual interest in the assets of an entity that remains after *. deducting its liabilities a-losses b-equity c-liabilities d-revenues e-gains Includes all the information that is necessary for a faithful representation of the economic phenomena that it * .purports to represent a-faithful representation b-relevance c- completeness d-understandability e-balance sheet