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Homework answers / question archive / fill in the appropriate code letter to indicate whether the item is an asset, liability, or equity item

fill in the appropriate code letter to indicate whether the item is an asset, liability, or equity item

Accounting

fill in the appropriate code letter to indicate whether the item is an asset, liability, or equity item. Code Asset ? Liability L Equity E Expenses EXP Revenue REV 1. Land 2. Note Payable 6. Accounts Payable 7. Machinery 8. Utilities Expense 3. Accounts Receivable 4. Retained Earnings 9. Sales Revenue 5. Supplies 10. Rent Expense

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Item code
Land A
Note payable L
Account receivable A
Retained earnings E
Supplies A
Account payable L
Machinery A
Utilities expenses EXP
Sales revenue REV
Rent expense EXP