Asset claims

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Equities (alternatively known as byby; hereinafter, the byby) is the rights of financial claims of creditors (liabilities) and owners (owner's equity) who supply the assets to an organization.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Equities. The rights of financial claims of creditors (liabilities) and owners (owner's equity) who supply the assets to an organization.

Related concepts

Related coursework