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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 26ISBN: 978-1285743615 Exercise 19
Asset, liability, and owner's equity items
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owner's equity:
a. accounts payable
b. cash
c. fees earned
d. land
e. supplies
f. wages expense
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) owner's equity:
a. accounts payable
b. cash
c. fees earned
d. land
e. supplies
f. wages expense
Explanation
Verified
Verified
a. Accounts payable -: It is a Liability...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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