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I am having a hard time understanding how to distinguish if something is an asset, liability, or equity abd if it goes on the balance
I am having a hard time understanding how to distinguish if something is an asset, liability, or equity abd if it goes on the balance sheet or income statement. is there an easy way for me to tell this? 
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Business Intelligence For New-Generation ManagersCurrent Avenues Of Development
Authors: Jörg H. Mayer, Reiner Quick
6th Edition
3319156950, 9783319156958
