Based on the fact that the books were bought on credit, to sell at Ben's Bookstore, the $500 should be listed separately as assets and liabilites.
How should Ben list the $500?
The $500 is a liability because Ben acquired the books on credit which means the store owes the supplies for them.
The $500 is also an asset however because it represents stock in the business which makes it a current asset.
Find out more on recording liabilities at https://brainly.com/question/25687338.
