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For each of the following, insert a capital letter to identify the account as an (1) asset, (2) liability, or (3) equity. 3 Retained earnings
For each of the following, insert a capital letter to identify the account as an (1) asset, (2) liability, or (3) equity. 3 Retained earnings vSmith, Drawings Smith, Capital Accounts receivable 1. Asset Interest receivable 2. Liability Wages payable 3. Equity Cash Taxes payable Land vBuildings
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