Which of the following is correct with respect to understanding the "Big Picture" for this class?

A.All statements are correct.

B.Liabilities represent nonowner financing, while owners'' equity represents owner financing.

C.Over time, owners' Equity is made up of both "contributed capital" and "earned capital".

D.Costs for a firm are either "capitalized" or "expensed" as they occur.

E.Capital refers to the funds provided to a firm by both equity investors and creditors.

F.Over time, owners' Equity is made up of both "contributed capital" and "earned capital" and liabilities represent nonowner financing, while owners'' equity represents owner financing.