At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
Final answer:
Debt is an obligation to repay, while equity represents ownership shares without the same repayment obligations.
Explanation:
Debt is an obligation to repay, such as a loan or account payable. It involves a contract between a lender and a borrower for the repayment of principal and interest in the future. On the other hand, equity represents ownership shares in assets without the same repayment obligations as debt.
Learn more about Debt and Equity here:
https://brainly.com/question/45057888
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.