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Classify the following into Assets, Liabilities or Capital 1. Cash 2. Inventory 3. Prepaid Rent 4. Partner's equity 5. Accounts receivable 6. Land 7. Accrued

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Classify the following into Assets, Liabilities or Capital 1. Cash 2. Inventory 3. Prepaid Rent 4. Partner's equity 5. Accounts receivable 6. Land 7. Accrued interest expense 8. Unearned income 9. Building 10. Long term liability 11. Copyright 12. Income tax payable 13. Advances from customers 14. Bank loan 15. Machinery held for sale

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