Question: . Identify balance sheet items. Classify the items listed (1 to 6) under the balance sheet headings of: (LO 4) a. Assets b. Liabilities c.

. Identify balance sheet items. Classify the items listed (1 to 6) under the balance sheet headings of: (LO 4)

a. Assets

b. Liabilities

c. Shareholderes'q uity 1. Cash 2. Contributions from owners 3. Equipment 4. Notes payable 5. -Retained earnings 6. Accounts receivable

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