Asset, Liability, or Equity?

Accounts Payable

• Asset

• Liability

• Equity

Advertising Expense (Expense)

• Asset

• Liability

• Equity

Landscaping Services (Revenue)

• Asset

• Liability

• Equity

Common Stock

• Asset

• Liability

• Equity

Cash

• Asset

• Liability

• Equity

Equipment

• Asset

• Liability

• Equity

Interest Expense (Expense)

• Asset

• Liability

• Equity

Note Payable

• Asset

• Liability

• Equity

Expenses (Rent, Utilities, Wages)

• Asset

• Liability

• Equity

Retained Earnings

• Asset

• Liability

• Equity