Question: Would you classify the items below as equity or liabilities? State your reason(s) and any assumptions. a. Minority interest in consolidated financial statements. b. Appropriated

Would you classify the items below as equity or liabilities? State your reason(s) and any assumptions.
a. Minority interest in consolidated financial statements.
b. Appropriated retained earnings.
c. Guarantee for product performance on sale.
d. Convertible debt.
e. Preferred stock.

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