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Mark each of the following with an (A) to indicate it is an asset, an (L) to indicate it is a liability, an (R) to
Mark each of the following with an (A) to indicate it is an asset, an (L) to indicate it is a liability, an (R) to indicate it is revenue, or an (E) to indicate it is an expense.
a. ____ Cash
b. ____ Building
c. ____ Loan due to the bank
d. ____ Inventory
e. ____ Salary expense
f. ____ Rent expense
g. ____ Amounts owed to employees for work done
h. ____ Equipment
i. ____ Amounts owed to suppliers
j. ____ Sales
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