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Indicate whether each of the following items is an asset a


Indicate whether each of the following items is an asset (A), liability (L), or part of owner's equity (OE).

_______(a) Accounts receivable 

_______(b) Salaries payable 

_______(c) Equipment

_______(d) Office supplies

_______(e) Owner's investment

_______(f) Notes payable

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Accounting Basics: Indicate whether each of the following items is an asset a
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