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SOURCES Problem 1-4A Slipstream Ltd. reports the following list of accounts, in alphabetical order: Classify each account as an Asset, Liability, Share Capital, Revenue, or
SOURCES Problem 1-4A Slipstream Ltd. reports the following list of accounts, in alphabetical order: Classify each account as an Asset, Liability, Share Capital, Revenue, or Expense item. Classification Accounts payable Liability y Study Accounts receivable Asset Bank indebtedness Bank loan payable Expense Cash Asset Common shares Share Capital Equipment Asset Goodwill Asset Income tax expense Expense Income tax payable Revenue Interest expense Expense Office expense Expense Prepaid insurance
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