Indicate whether each of these items is an asset (A), a liability (L), or part of stockholders

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Indicate whether each of these items is an asset (A), a liability (L), or part of stockholders’ equity (SE).
(a) Accounts receivable.
(b) Salaries and wages payable.
(c) Equipment.
(d) Supplies.
(e) Common stock.
(f) Notes payable.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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