The following titles were drawn from the general ledger of Holt Food Supples, Incorporated (HFSI): Computors, Operating Expenses, Rent Revenue, Building, Cash, Notes Payable, Land, Utilities Expense, Trucks, GasolineExpense, Retained Earnings, Supplies, Accounts Payable, Office Furniture, Salaries Expense, Common Stock, Service Revenue, Interest Expense, Dividends, Supplies Expense. Label each account title as either an asset,liability, stockholder's equilty.     Need help with this homework problem.

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is