1) The account receivable ? a) Is it liabilities b) Is it Assets c) Is it owner's equity 2) The liabilities is it a) liabilities = Owner's Equity - Assets b) liabilities = liabilities + Owner's Equity c) liabilities = Assets + Owner's Equity 3) The Account Payable ? a) Is it Assets b) Is it owners equity  c) Is it liabilities  4) The Trucks a) Is it liabilities b) Is it Assets c) Is it owners equity 5) Liabilities = owners equity+Assets? a) ✔️ b) ✖️

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