Mark each item in the following list as an asset (A), liability (L), or stockholders' equity (SE)
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Mark each item in the following list as an asset (A), liability (L), or stockholders' equity (SE) that would appear on the balance sheet or a revenue (R) or expense (E) that would appear on the income statement.LO1
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(1) Retained earnings (2) Accounts receivable (3) Sales revenue (4) Property, plant, and equipment (5) Cost of goods sold expense (6) Inventories (7) Interest expense (8) Accounts payable (9) Land
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