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..
Author Don Gossett died earlier this week. Join us on our podcast each weekday for an interesting story, well told, from Charisma News. Listen at charismapodcastnetwork.com. Best-selling Whitaker House author Don Gossett died Wednesday, Dec. 10, at 85, his wife Debra at his side, according to a ministry spokesperson. The prolific author was also a pastor, worldwide evangelist, missionary and longtime broadcaster, serving in active ministry for 66 years.