It is comprised of the following three elements: 1  Assets: Something a business owns or controls (e.g. cash, inventory, plant and machinery, etc) 2  Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc) 3  Equity: What the business owes to its owners.
On December 26, 2002, Ritts died of complications from pneumonia at the age of 50. According to Ritts' publicist, Herb was HIV-positive, but this particular pneumonia was not PCP (pneumocystis pneumonia), a common opportunistic infection of AIDS. But at the end of the day, his immune system was compromised..
Featured Memorial | R&B. R&B Memorials: Remembering the life, death and legacy of Attrell Cordes. Attrell Cordes, the lead singer of the R&B group P.M. Dawn, died June 17, 2016, of kidney failure in New Jersey, according to multiple news sources. He was 46. The singer, also known as Prince Be the Nocturnal, was one-half of the influential R&B duo alongside his brother Jarett, also known as DJ Minutemix.