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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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