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Question 3 2.5 pts Peter Pesky is trying to describe the difference between Owners' Equity and Liabilities to his potential business partner. Which of the

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Question 3 2.5 pts Peter Pesky is trying to describe the difference between Owners' Equity and Liabilities to his potential business partner. Which of the following descriptions best explains that difference? Owners' Equity and liabilities are the same None of the above answers is correct Owners' Equity are claims on Anies by Owners Owners Eruity is made up of only Income Statement Accounts, while bates include Balance Sheet Accounts Liabilities are claims on Assets by Owners

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