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E1-5 Meredith Cleaners has the following balance sheet items: Accounts payable, accounts receivable, cash, notes payable....

Price:$1.99



Meredith Cleaners has the following balance sheet items.

Accounts payable
Accounts receivable
Cash
Cleaning equipment
Cleaning supplies
Common stock
Notes payable
Salaries payable

Instructions
Classify each item as an asset, liability, or stockholders’ equity.

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