Classify each of the following accounts as either an asset, liability, revenue, expense or owners equity item:

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Classify each of the following accounts as either an asset, liability, revenue, expense or owners’ equity item:

Buildings Wages Drawings Sales Loan owed Cash Accounts payable Loan interest paid Inventory used Inventory on hand Bank account interest earned.

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Accounting Essentials For Hospitality Managers

ISBN: 9780415841092

3rd Edition

Authors: Chris Guilding

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Question Posted: Jun 04, 2024 01:02 AM

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Classify each of the following accounts as either an asset, liability, revenue, expense or owners equity item:

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Accounting Essentials For Hospitality Managers

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