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23 October, 04:28

Match each term below with its corresponding real-world example.

Liability

?

The jewelry someone

owns

Asset

?

The amount of credit-card

debt a person has

Equity

?

A person's total financial

value

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Answers (1)
  1. 23 October, 05:27
    0
    Answer: Asset - The jewelry someone owns

    Liability - The amount of credit-card debt a person has

    Equity - A person's total financial value
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