Jason Chan operates a takeout pizza business called A Slice of Life Ltd. At the end of November, the following items were in his records: Identify each of the items in his records as an asset, liability, or shareholders' equity item.

Prepare a Prepare a statement of financial position for A Slice of Life Ltd. at the end of November

Jason Chan operates a takeout pizza business called A Slice of Life Ltd. At the end of November, the following items were in his records: Supply of ingredients $ 670 Wages owed to employees 1,460 Loan owed to the bank 11.000 Cash held in a chequing account 3.000 Cost of ovens and refrigerators 15,000 Prepaid rent for December 1,200 Common shares 5,400 Retained earnings 2,010 Identify each of the items in his records as an asset, liability, or shareholders' equity item. Item Classification Supply of ingredients Wages owed to employees Loan owed to the bank Cash held in chequing account Cost of ovens and refrigerators Prepaid rent for December Common shares Retained earnings e Textbook and Media List of Accounts Prepare a statement of financial position for A Slice of Life Ltd. at the end of November A Slice of Life Ltd. Statement of Financial Position Nov. 30, 2xxx Assets $ v $ Liabilities and Shareholders' Equity $ e Textbook and Media List of Accounts