Cash, A/r, I/r, Notes receivable, offices supplies, auto and auto minus depreciation, equipment and equipment minus depreciation and Land are ASSETS on a balance sheet. A/P, I/P, Salaries payable, unearned fees, long term notes payable would be LIABLIITES, Equity would be Common Stock and Retained earnings. It seems that something might have to be subtracted additionally under assets though I can not identify.
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