Answer
Equity
Work Step by Step
After you less the liabilities affiliated with an asset, the residual interest can be termed as equity.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 72: E2-5i
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