What is the fundamental rule of the balance sheet?

If assets are $$255,000$ and liabilities are $$237,000,$ how much is owners' equity?

If liabilities are $$4,356$ and owners' equity is $$1,567,$ what is the value of total assets?

Classify the following as an asset, liability, or owners' equity

Classification

$1$ Money the owner spent to start the business

$2$ Cash

$3$ Unfinished products on the assembly line

$4$ Accounts payable

$5$ Cash equivalents

$6$ Raw materials used in the production process

$7$ Accounts Receivable

$8$ Long term assets

$9$ Prepaid expenses

$10$ Retained earnings

$11$ Factory building

$12$ Products offered for sale

$13$ Current portion of bank loan

$14$ Investment in the stock market

$15$ Plant, Property, and Equipment

$16$ Proceeds from stock offering

$17$ Cumulative profits of business since inception

$18$ Store shelving

$19$ Accumulated depreciation

$20$ Long term portion of bank loan payable