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Assets - are property of right or property owned by the business
liabilities - are financial obligation or depts of the business, in favor of persons other than the owner or owners
capitals - represent the equity of the business after the amount of depts to to outsiders are deducted,capital is also as "net worth "owners equity" "proprietorship" or "equity"
liabilities - are financial obligation or depts of the business, in favor of persons other than the owner or owners
capitals - represent the equity of the business after the amount of depts to to outsiders are deducted,capital is also as "net worth "owners equity" "proprietorship" or "equity"
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Assets - are property of right or property owned by the business
liabilities - are financial obligation or depts of the business, in favor of persons other than the owner or owners
capitals - represent the equity of the business after the amount of depts to to outsiders are deducted,capital is also as "net worth "owners equity" "proprietorship" or "equity"
Read more: http://wiki.answers.com/Q/What_are_the_three_accounting_elements_or_values#ixzz1yEK8U0VN
liabilities - are financial obligation or depts of the business, in favor of persons other than the owner or owners
capitals - represent the equity of the business after the amount of depts to to outsiders are deducted,capital is also as "net worth "owners equity" "proprietorship" or "equity"
Read more: http://wiki.answers.com/Q/What_are_the_three_accounting_elements_or_values#ixzz1yEK8U0VN
