Question: Question Two: For the items listed below, fill in the appropriate code letter to indicate whether the item is an asset, liability, or equity item.
Question Two: For the items listed below, fill in the appropriate code letter to indicate whether the item is an asset, liability, or equity item. Code Asset A Liability L Equity E 1. Rent Expense 4. Cash 5. Accounts Receivable 2. Equipment 3. Accounts Payable 6. Dividends
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