Classify Each of These Items as an Asset (A), Liability

question 193

Short Answer

Classify each of these items as an asset (A), liability (L), or equity (E)
_____1. Accounts receivable
_____2. Accounts payable
_____ 3. Share capital-ordinary
______4. Supplies
_____ 5. Utiities expense
______6. Cash
_____ 7. Nate payable
______8. Equipment

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Definitions:

Growth Rate

The rate at which an organism or any of its parts increases in size or number over a specific period.

Population

A group of individuals of the same species living and interacting in the same geographical area.

Exploitation Competition

Intraspecific competition in which all the individuals in a population “share” the limited resource equally so that at high population densities none of them obtains an adequate amount. Also called scramble competition. Compare with interference competition.

Oscillate

To move or swing back and forth at a regular speed, or to vary between opposing beliefs, feelings, or theories.