On a Balance Sheet, residual equity can be expressed as:Group of answer choicesCurrent assets + Non-current assetsCurrent assets + Non-current assets – Current liabilities + Non-current liabilitiesCurrent assets + Non-current assets + Current liabilities + Non-current liabilitiesCurrent assets + Non-current assets + Current liabilities – Non-current liabilitiesCurrent assets + Non-current assets – Current liabilities – Non-current liabilities

Residual equity on a balance sheet can be expressed as: Current assets + Non-current assets – Current liabilities – Non-current liabilities.

Here's the step-by-step breakdown:

1. Start with the total assets: This includes both current assets (those that can be converted to cash within a year) and non-current assets (those that cannot be easily converted to cash or are not expected to become cash within the next year).

2. Subtract the total liabilities: This includes both current liabilities (debts or obligations due within a year) and non-current liabilities (debts or obligations that are due in more than a year).

3. The result is the residual equity: This represents the net assets of a company, i.e., what remains after all liabilities have been paid off. It's essentially the company's net worth.