To what do the terms liability and shareholders' equity refer?

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To what do the terms "liability" and "shareholders' equity" refer?

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Accounting Introduction To Financial Accounting

ISBN: 9781517089719

1st Edition

Authors: Henry Dauderis, David Annand

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Question Posted: Apr 26, 2016 09:28 AM

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To what do the terms liability and shareholders' equity refer?

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A liability is an obligation to pay an asset or to provide services o...View the full answer

Accounting Introduction To Financial Accounting

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