It is comprised of the following three elements: 1  Assets: Something a business owns or controls (e.g. cash, inventory, plant and machinery, etc) 2  Liabilities: Something a business owes to someone (e.g. creditors, bank loans, etc) 3  Equity: What the business owes to its owners.
On December 26, 2002, Ritts died of complications from pneumonia at the age of 50. According to Ritts' publicist, Herb was HIV-positive, but this particular pneumonia was not PCP (pneumocystis pneumonia), a common opportunistic infection of AIDS. But at the end of the day, his immune system was compromised..
He had been living, some say as a kept man, for a number of years at the estate of his friend and agent, Madame Hydeline Van de Velde. Francis Brett Harte died of throat cancer on 5 May 1902 at the Van de Velde estate in Camberley and lies buried in St. Peter's churchyard, Frimley, England. The gravestone is etched with one of his own poems Death Shall Reap the Braver Harvest..