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..
Inflammatory Bowel Disease. Maurice Gibb, best known for being one-third of the pop band the Bee Gees, died Sunday, January 12, 2003. His family -- wife Yvonne, son Adam, and daughter Samantha -- were at his bedside when he passed away. Gibb was reportedly working on new music with brother Barry Gibb (also of the Bee Gees) and Michael Jackson before his unexpected death.