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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 26
Classify each of the following items as assets (A), liabilities (L), or equity (EQ).
_________1. Land
_________2. Owner, Capital
_________3. Equipment
_________4. Accounts payable
________ 5. Accounts receivable
_________1. Land
_________2. Owner, Capital
_________3. Equipment
_________4. Accounts payable
________ 5. Accounts receivable
Explanation
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Assets, liabilities and equity
Asset re...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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