Question

Identify each of the following items as assets, liabilities, or equity from the drop down provided 1. Accounts Receivable 2. Land 3. Common Stock 4. Taxes payable 5 Computer Equipment Assets Assets Assets Liabilities
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Answer #1
1 Accounts Receivable Assets
2 Land Assets
3 Common Stock Equity
4 Taxes payable Liabilities
5 Computer Equipment Assets
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