introduction to accounting

L Classify the following items into assets. liabilities and equities: Motor vehicles m Creditors Stocks Debtors Owing to bank Bond payable Bank Loan Stockholders equity Short-term notes payable Building Land Fixtures and Fitting Income tax payable Account receivables Deferred revenue Computer system Common stock Automobiles Capital Long term debt Notes payables Property. plant and Equipment Customer deposits Inventory Retain earning Treasury stock Additional paid-in capital Prepaid insurance Trademarks 2. Compete the gaps in the following table: Liabilities Capital (RM) (RM) [800 ? Liabilities Capital (RM) (P-M) I690!)