Distinguish from the following list: the items that are liabilities from those that are assets: {a) Office

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Distinguish from the following list: the items that are liabilities from those that are assets:

{a) Office machinery

(d) Motor vehicles

{b) Loan from C Shirley

(e) We owe for goods

(c) Fixtures and fittings (/) Bank balance

(e) Debtors

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