Classify each of the following accounts as an asset, liability,
stockholders' equity, revenue, or expense item
Accounts payable - -liability
Accounts receivable - -asset
Equipment - -asset
Sales revenue - -revenue
Service revenue - -revenue
Inventory - -asset
Mortgage payable - -liability
Supplies expense - -expense
Rent expense - -expense
Salaries and wages expense - -expense
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stockholders' equity, revenue, or expense item
Accounts payable - -liability
Accounts receivable - -asset
Equipment - -asset
Sales revenue - -revenue
Service revenue - -revenue
Inventory - -asset
Mortgage payable - -liability
Supplies expense - -expense
Rent expense - -expense
Salaries and wages expense - -expense
1/1