Say whether the following are assets, Owners Equity, liability, income or expenses: 1 pens2 Owner's contribution 3 Plot of ground 4 Cell phone custome Activity 8 Classify assets, Owner's Equity, liability, income and expenses Owe say whether the following are an asset, Owner's Equity, liability, income tors (the or expense. on the 1 Pens 16 Cash float 17 Packing materials 18 Computer 19 Truck le assets 7 lifespan 6 5 Loan longer than a year 20 Drawings Cash in the cash register 21 Bicycles bought to sell Cost of sales 22 Paper bought to sell 8 8 Furniture 23 Telephone account 9 Television for the staff 24 Bank overdraft 10 Rates and taxes 25 within 11 A delivery bicycle Enclude 12 Rent expense 13 A building 26 Sales People who owe the business 27 Salaries 28 Services rendered 14 Bank 29 Bank charges 15 People the business owes 30 Advertising Total: 30 marks​