Accounting equation - Corporation
These items were taken from balance sheet. Classify each of them as a liabilities(L), asset(A) or, shareholder's Equity(SE). Show the amounts in accounting equation.
I did this bit there is something wrong. Could you help me?
Account receivable - A - $a
Account payable - L - $b
Cash - A - $c
Inventories - A - $d
Investments - SE - $e
Equipment - A - $f
Notes payable - L - $g
Other assets - A - $h
Other liabilities - L - $i
Retained earnings - SE - $j
Share capital - SE - $k