RESIDUAL EQUITY THEORY Definition

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RESIDUAL EQUITY THEORY is the theory that common stockholders are considered to be the real owners of the business, i.e., Assets - Liabilities - Preferred Stock = Common Stock.

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THALER is a currency of Bohemia, Germany, Hungary, Roman Empire, Prussia etc.

DISBURSE/DISBURSEMENT is the paying out of money to satisfy a debt or an expense.

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