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Do supplies fall under assets, liabilities or owners equity? - Accounting Q&A

Accounting Q&A

Do supplies fall under assets, liabilities or owners equity?
submitted by Anita Nap

Queen

Supplies or inventories are considered assets. The normal balance is debit.

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Do supplies fall under assets, liabilities or owners equity?submitted by Anita Nap

Do supplies fall under assets, liabilities or owners equity?
submitted by Anita Nap