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#1 (1 pt.) Identify the following accounts as current assets, long-term assets, current liabilities, long-term liabilities, or equity. a. Office supplies b. Wages payable c.

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#1 (1 pt.) Identify the following accounts as current assets, long-term assets, current liabilities, long-term liabilities, or equity. a. Office supplies b. Wages payable c. Mortgage payable d. Accounts receivable e. Owners' capital f. Cash g. Interest payable h. Equipment i. Patent j. Unearned revenue k. Prepaid expense

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