history of commerce

A. Liability of the owners
B. Assets of a business
C. Owner’s claim on assets of the business
D. None of these

Brief facts about this MCQs:

An Equity is the portion of capital that is invested by the owner of the business. The equity of business is recorded in the balance sheet of the company. Moreover, Equity is calculated for accounting purposes by subtracting liabilities from the total amount or value of the assets