Problem
1. What is the difference between owners' equity accounts representing shareholders' claims as equitv holders versus shareholders' interests as owners.
2. Postulates are supposed to be tight enough to prevent conflicting conclusions being deduced from them. Is this the case with ARS 1?
3. Is it fair to categorize ARS 1 and ARS 3 as failures?
4. How do the imperative postulates (group C) differ from the other two categories of postulates?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.