Matching
Identify each of the following accounts as:
Premises:
Salary Expense
Cash
Equipment
Owner, Capital
Fees Revenue
Accounts Receivable
Accounts Payable
Owner, Withdrawals
Supplies
Unearned Revenue
Prepaid Insurance
Office Furniture
Responses:
revenue (R)
expense (E)
asset (A)
liability (L)
equity (OE)
Correct Answer:
Premises:
Responses:
Salary Expense
Cash
Equipment
Owner, Capital
Fees Revenue
Accounts Receivable
Accounts Payable
Owner, Withdrawals
Supplies
Unearned Revenue
Prepaid Insurance
Office Furniture
Premises:
Salary Expense
Cash
Equipment
Owner, Capital
Fees Revenue
Accounts Receivable
Accounts Payable
Owner, Withdrawals
Supplies
Unearned Revenue
Prepaid Insurance
Office Furniture
Responses:
Related Questions
Q127: The balance column in a ledger account
Q128: "Unearned" accounts are liabilities that must be
Q129: The right side of an account is
Q130: Larry Matt completed these transactions during
Q131: Mary Martin, the owner of Martin
Q133: Jackson Brown Footwear had total liabilities of
Q134: A debit:<br>A) Always decreases an account.<br>B) Is
Q135: Given the following errors, identify the one
Q136: An account balance is:<br>A) Assets = liabilities
Q137: The debt ratio helps to assess the