______ refers to what the business owner has invested in the business.
A) Debit
B) Asset
C) Equity
D) Liability

Name: ______ refers to what the business owner has invested in the business. A) Debit B) Asset C) Equity D) Liability
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Question

Quizplus · Accepted Answer

Equity refers to the owner's claim on the assets of the business, essentially what the owner has invested in the business. It represents the residual interest in the assets of the entity after deducting liabilities.

______ Refers to What the Business Owner Has Invested in the Business