In accounting, pls how do you guys identify which is under asset, liability and equity?

Question

In accounting, pls how do you guys identify which is under asset, liability and equity?

Answer 1

there is an international accounting standards with definitions.

http://www.aasb.gov.au/Pronouncements/Ol...

this is the link to the Australian Accounting Standards and included in this is a definition for asset and Liability. Equity is anything that is not an asset or a liability.

I am sure that each country has their own website like above