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1. Classify each of the following items as an Asset (A), Liability (L), or part of Owner's Equity (OE). a iPad b Accounts Receivable c.

1. Classify each of the following items as an Asset (A), Liability (L), or part of Owner's Equity (OE). a iPad b Accounts Receivable c. Accounts Payable d. Smartphone - B. Long, Capital f. Cash

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