Assets are classified as current and non-current on a balance sheet, while Equity represents the owner's stake in the business.
Assets on a balance sheet are classified into current assets and non-current assets. Current assets include cash, accounts receivable, and inventory; non-current assets include property, plant, and equipment.
Equity or patrimonio represents the value of the owner's stake in the business. It comprises common stock, retained earnings, and other comprehensive income.
https://brainly.com/question/41740466