Classify each of the following items as an asset (A), liability (L), or part of owners equity

Question:

Classify each of the following items as an asset (A), liability (L), or part of owner’s equity (OE):
a. Apple iPad _____________
b. Accounts Receivable _____________
c. Accounts Payable _____________
d. Cash _____________
e. B. James, Capital _____________
f. Office Equipment _____________

Fantastic news! We've Found the answer you've been seeking!