This is a fair comment. I was looking at (delta assets), (delta liabilities).
(Edit:
The simplest thing is to consider a simplified accounting equation that says assets = liabilities. If I wanted to buy a house but had no personal worth, how would I afford it? Debt. The house would be the asset, the liability would be the debt.)
(Edit:
The simplest thing is to consider a simplified accounting equation that says assets = liabilities. If I wanted to buy a house but had no personal worth, how would I afford it? Debt. The house would be the asset, the liability would be the debt.)