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Classify each of these items as an asset, liability, or stockholders' equity. 1. Accounts receivable 2. Accounts payable Liability Asset Stockholders' Equity 3. Common stock

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Classify each of these items as an asset, liability, or stockholders' equity. 1. Accounts receivable 2. Accounts payable Liability Asset Stockholders' Equity 3. Common stock 4. Supplies 5. Utilities expense 6. Cash

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