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Which of statments below define equity? Choose answer(s) that u think is/are right! 1.It is the total amount of debt owed to creditors of the

Which of statments below define equity?

Choose answer(s) that u think is/are right!

1.It is the total amount of debt owed to creditors of the business.

2.It is the accumulated revenues and owner's investments less the accumlated expenses are dividends since the company began.

3.Equity is equal to assets minus liabilities.

4.It is an amount owed to the owner(s) of the business.

5.They are resources owned by the business.

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