The layout of a balance sheet reflects the basic accounting equation: Assets = Liabilities + Owners' Equity. with assets listed on the left side and liabilities and equity detailed on the right. Consistent with the equation, the total dollar amount is always the same for each side. In other words, the left and right sides of a balance sheet are always in balance.
Hurricane Ike was the first hurricane to hit the Houston area since Hurricane Jerry in October of 1989 and the first big hurricane to hit since Hurricane Alicia in 1983. Ike is the hurricane that changed the Saffir-Simpson scale, the scale that rates how strong a hurricane is, as we know it.
Houston was No. 1 artist of the year and Whitney Houston was the No. 1 album of the year on the 1986 Billboard year-end charts, making her the first woman to earn that distinction. At the time, Houston released the best-selling debut album by a solo artist. Houston then embarked on her world tour, Greatest Love Tour.