Question

identify whether it is asset, liabilities, or equity.

1. account payable
2. accrued expenses
3. accumulated depreciation
4. additional paid in capital
5 allowance for doubtful accounts
6. cash
7. common stock
8. current portion of long-term debt
9. gross accounts receivable
10. gross fixed asset
11. inventories
12. long-term debt
13. net accounts receivable
14. net fixed asset
15. retained earnings
16. short term bank loan( notes payable)​

Answer 1

Answer:

Assets are a sum of objects in a sequence