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Dr . Kennedy and Dr . Rogers are partners who own a dental organization together. At the end of the year, their total assets are

Dr. Kennedy and Dr. Rogers are partners who own a dental organization together. At the end of the year, their total assets are $900,000 and total liabilities are $420,000. Based on the legal structure of the company, what terminology will be used on the balance sheet?
Question 11 options:
Net assets
Capital stock
Fund balance
Owner's equity

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