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Indicate Whether Each of the Following Represents an Asset,liability,or Stockholder's

Question 150

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Indicate whether each of the following represents an asset,liability,or stockholder's equity item.

Premises:
wages expense
accounts receivable
accounts payable
dividends
land
capital stock
Responses:
asset
stockholders
liability

Correct Answer:

wages expense
accounts receivable
accounts payable
dividends
land
capital stock
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