Owners' equity is not cash; it is not a liability; and it generally is not equal to
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Owners' equity is not cash; it is not a liability; and it generally is not equal to the current worth of a business. What is the nature of owners' equity?
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Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
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