Question: Classify the following under correct grouping as asset, liability or equity. . Equipment ii. Bank loan jii. Cash at bank iv. Drawings v. Land

Classify the following under correct grouping as "asset", "liability" or "equity". .

Classify the following under correct grouping as "asset", "liability" or "equity". . Equipment ii. Bank loan jii. Cash at bank iv. Drawings v. Land vi. Bank overdraft vii. Furniture and fittings viii. Capital

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