So the only liability is this 5,000.

Or the other way to view it is, assets minus liabilities is equal to equity, right?

So liabilities. Liabilities.

Let's say assets and I'll talk about margin requirements

And so liabilities plus equity is equal to assets.

He only needs 90,000, but let's say he borrows 100,000.

An even bigger picture, if I now look at my balance sheet, what are my liabilities now?

I think I had called it Loan C.

Most times the liabilities are pretty easy to get a handle on.

And then we have the debt, the debt of the company, or the

Let's think about its liabilities.

Let me just make everything clear.

Let's just say it's all of it.

Got it from the bank.

I owe the bank 750,000.

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

So where does this lead?

This was equity.

And forgive us our debts, as we forgive our debtors.

And forgive us our trespasses, as we forgive those who trespass against us.

And forgive us our trespasses, as we forgive them that trespass against us.

It could be that one of these liabilities is worth more.

I won't go into that too much, but I think you get the idea what I mean, part lender.

I now have cash of 1 million. What are my liabilities?

So once again, if this is a balance sheet, this is the assets, here are your liabilities.

This is one of its assets.

Because essentially, or you can view it this way, if you subtract liabilities from both sides, assets minus

We didn't pay down any of the principal of the debt.

20 plus 80 plus 5, so it's 105,000. 105,000 total liabilities.

liabilities as well.

It had 5 million of debt.

What are my liabilities?

That assets, A for assets, is equal to

The original mortgage is 750,000.

So my asset is now a 1.5 million house.

But this is debt. 80 million of debt right here.

And after, as I reflected on that,

Minus 1.075 that was the max that I could borrow

Everything on the right hand side is equity, so this is all equity.

I still owe 750,000 to bank.

So my liabilities I owe the bank 750,000.

I owe these people that money is 700 and my equity is 300.

So what's going to be the liabilities and equity?

I'll use an A colon.

And they got an asset called loan to Bank A.