Question: Define the following terms and provide one example for each one: ( 1 6 points ) a ) Assets b ) Liabilities c ) Equity

Define the following terms and provide one example for each one: (16 points)
a) Assets
b) Liabilities
c) Equity
d) Revenues
e) Expenses
What is the difference between a Corporation, Partnership, and Proprietorship?
 Define the following terms and provide one example for each one:

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