In accounting, liabilities are obligations of the company to transfer something of value (an asset-see above) to another party. On a company s balance sheet, a liability may be a legal debt or an accrual, which is an estimate of an obligation. Equity is the owner's value in an asset or group of assets.
A stable variable power supply with an adjustable output voltage from 5 volts to 30 volts can be
A variable position control valve manipulates the inlet flow rate feeding the upper tank. The liquid drains freely out through the hole in the bottom of the upper tank to feed the lower tank. From there, the liquid exits either by an outlet drain (another free-draining hole) or by a pumped flow stream.