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Classify the following into assets or liabilities: (a) Business premises (b) Bank overdraft (c) Money owed by others to the business (d) Equipment owned by

Classify the following into assets or liabilities: (a) Business premises (b) Bank overdraft (c) Money owed by others to the business (d) Equipment owned by the business (e) Mortgage on premises (f) Cash held in till (g) Unpaid bill

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