Ownersa#39; equity represents the ownersa#39; claim on the assets of business. Because creditorsa#39; claims have legal priority over those of the owners, equity is a residual amount. If you are the owner of a business, you are entitled to assets that are left anbsp;...
|Title||:||Accounting For Management and Decision Making|
|Author||:||Prof. Dr. Ahmed Farghally Hassan|
|Publisher||:||Pathways to Higher Education -|