 Current liabilities are those that are gonna be due. We have to pay them typically or do something to fulfill the obligation within a year. And then we've got the current liabilities and then a bunch of current liabilities down here. And then we've got equity, which represents in essence our owner share in the assets of the company. Assets minus liabilities equals equity or assets equals who has the claim to the assets third party, the liabilities and us, the owner. If we're a sole proprietorship, you would think the terminology of equity would basically be like a capital account or just the owner's equity account. And then you might have draws when you pull the money out. If it's a partnership, then you might have multiple capital accounts for the partners, because now you gotta track which partners have what claim. And if it's a corporation, that's usually when you use the term retained earnings and then common stock representing the purchase.