Examples of assets and liabilities

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interest receivable

asset

______ payable

liability

accounts payable

liability

notes payable

liability

salaries

liability

unearned fees

liability

unearned revenue

liability

Accounts recievable

Asset

Cash

Asset

_______ receivable

Asset

building

Asset

equipment

Asset

land

Asset

notes receivable

Asset

prepaid account

Asset

supplies, rent, inventory

Asset


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