Is Equipment an asset liability or equity?

What is exactly an audit committee and is it any different from internal audit department? It is true that the trial balance totals should agree? What are the profit oriented price objectives? What is the first budge prepared as part of a master budget? What are tie-breaker rules for qualifying child? What transaction code in SAP are use to perform Inventory Execution? What is meant with internal and external users of information? What are the implications of break even analysis? How do i return merchandise not ordered from pch? How do you calculate CTC? How do you write a letter accepting a discount from a supplier? Why is prepaid expense not an expense? What is the definition of sundry debtors and sundry creditors? WHAT IS Standard Financial Information Structure? What is the process of the income measurement in a merchadising company? Who can you contact regarding any pension owed for a former employee ofNewell Rubbermaid Anchor Hocking? How much tax do you pay if you earn 125 000 a year? What does Des stand for on a bank statement? Why are costs often divided into two main classifications in process costing? What is book adjustment in accounting?