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owner's equity debit
assets equals liabilities minus owner's equity
it is called a 'balance' sheet because the amount of assets should equal (or 'balance') the sum of the liabilities and owner's e
due 2015 o 213 Discounts on Bonds Payable 300-399 Owner's Equity• 300-309 Stock o 301 Preferred Stock o 302 Common Stock o 303 R
equity
total equity
stockholders equity
return on equity
statement of equity
