(a) Classify each account as an Asset, Liability, or Shareholders' Equity item. Accounts payable $3,200 Accounts receivable 13,000 Bank loan payable 32,000 Shareholders' Equity Cash 9,350 Asset Common shares 20,000 Equipment 30,000 Liability Income tax payable 1,200 Intangible assets 5,000 Interest payable 300 Inventory 9,000 Prepaid insurance 1,000 Retained earnings 33,250 Salaries payable 700 Supplies 2,500 Unearned revenue 1,200 Vehicles 22,000 LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Pot here to search n