Matching Pairs Accounting Matching 11Online version Accounting starter by Lamis Ibrahim 1 Owner's Equity 2 Liabilities 3 Assets = 4 Financial statement 5 Assets something a person or company owes, usually a sum of money. formal records of the financial activities and position of a business, person, or other entity the share of a company's net assets that the owner — or owners — can claim as their own Liabilities + Owner's Equity anything of value or a resource of value that can be converted into cash.