Identify each of the following items as assets, liabilities, or equity from the drop down provided....

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Identify each of the following items as assets, liabilities, or equity from the drop down provided. 1. Land 2. Owner, Capital

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Identification of assets / liabilities / Equity

1	Land	Assets
2	Owner,s Capital	Equity
3	Equipment	Assets
4	Accounts Payable	Liabilities
5	Accounts Receivable	Assets
6	Supplies	Assets

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