Classify each of the following as elements of the


Classify each of the following as elements of the accounting equation using the following abbreviations: A = Assets; L = Liabilities; C = Capital.

(a) Cash

(b) Accounts Payable

(c) Owners' Investment

(d) Accounts Receivable

(e) Supplies

(f) Notes Payable

(g) Land

(h) Equipment

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Accounting Basics: Classify each of the following as elements of the
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