Question use each of the following words or terms in a statement relating to bookkeeping/accounting Liabilities Assets Owner Equity Please write out how to do this. Thank you

Answer 1

Go to http://www.onelook.com

Type the word you need to know about.

Press Enter.

Read, read, read until you understand the meaning of that word fully.

Then write a sentence using the word.

If you want someone to check your work, post your sentences here to be reviewed.

Answer 2

The solve Company took out a loan for five million dollars. (Liability) Mr. Smith deposited five million.(Assets) The Solve Company paid the loan for five million dollars and the remaining was their profit.( Owner Equity ) Thank You