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Classify the following as an Asset (A), Liability (L), or Equity (E) item: ______ accounts receivable ______ accounts payable ______ equipment ______ unearned revenue ______

Classify the following as an Asset (A), Liability (L), or Equity (E) item:

  • ______ accounts receivable

  • ______ accounts payable

  • ______ equipment

  • ______ unearned revenue

  • ______ common stock

  • ______ supplies

  • ______ land

  • ______ retained earnings

  • ______ prepaid expenses

  • ______ inventory

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