Homework answers / question archive / Identify each of the following items by writing one of the words asset, liability, or owner's equity

Identify each of the following items by writing one of the words asset, liability, or owner's equity

Accounting

Share With

Identify each of the following items by writing one of the words asset, liability, or owner's equity.

a. a truck that the business owns.

b. a bank loan.

c. assets minus liabilities.

d. cash on hand.