Indicate Whether Each of the Following Represents (1) Asset, (2)

question 97

Essay

Indicate whether each of the following represents (1) Asset, (2) Liability, or (3) Owner's Equity:
1. ________ Office Supplies
2. ________ Accounts Payable
3. ________ Capital
4. ________ Cash
5. ________ Withdrawal
6. ________ Land
7. ________ Accounts Receivable
8. ________ Expense
9. ________ Equipment
10. ________ Revenue