$\backslash$table$[[\backslash$table$[[$Opening Day Balance$],[$Sheet:$]],,,,,],[1,2,3,4,5,6],[$Assets $-$ Examples,$\backslash$table$[[$Total$],[$Assets$]],,\backslash$table$[[$Liabililties$-],[$Examples$]],$Total Liabilities,$],[,\backslash$table$[[$Type of$],[$Asset$]],\backslash$table$[[$Dollar$],[$Amount$]],,\backslash$table$[[$Type of$],[$Liability$]],\backslash$table$[[$Dollar$],[$Amount$]]],[$Cash$,$cash,$$$$,$Mortgage,$\backslash$table$[[$accounts$],[$payable$]],$$$$$],[$Savings$,$inventory,$$$$$,$Bank Loan,taxes payable,$$$$],[$Gift from mom,$\backslash$table$[[$prepaid$],[$expenses$]],$$$$$,$Rent for business,notes payable,$$$$],[$Rental income,other,$$$$$,$Salaries $($payroll$),$other,$$$$$],[$Bank Loan,,,$\backslash$table$[[$Purchase of$],[$Inventory$]],,],[$Stock investments,,,Bank Loan,,$],[$Grant from Govern.,,,$\backslash$table$[[$Money owed to$],[$and not paid$]],,],[$Furniture$/$Equipment$,,,,,],[,,,,,],[$TOTALS$,,,,,]]$

Bank loan can be either an asset $($money for the new business$)$ and also a liability since you have to pay it back.

Owning equipment is an asset but if you have to purchase additional equipment or pay off a loan for the equipment. It's a liability.