Identify the account as an asset, liability, or equity by entering the letter of the account type
Question:
A = Asset
L = Liability
OE = Owner's Capital (Equity)
W = Owner's Withdrawals (Equity)
R = Revenues (Equity)
E = Expenses (Equity)
__________ 1. Buildings
__________ 2. Building Repair Expense
__________ 3. Wages Expense
__________ 4. Wages Payable
__________ 5. Notes Receivable
__________ 6. Notes Payable
__________ 7. Prepaid Advertising
__________ 8. Advertising Expense
__________ 9. Advertising Payable 10. Unearned Advertising
__________ 11. Advertising Fees Earned
__________ 12. Interest Earned
__________ 13. Interest Expense
__________ 14. Interest Payable
__________ 15. Earned Subscription lees
__________ 16. Unearned Subscription tees
__________ 17. Prepaid Subscription Fees
__________ 18. Supplies
__________ 19. Supplies Expense
__________ 20. Rent Revenue
__________ 21. Unearned Rent Revenue
__________ 22. Prepaid Rent
__________ 23. Rent Payable
__________ 24. Service Fees Flamed
__________ 25. Jan Sted, Withdrawals
__________ 26. Jan Sted, Capital
__________ 27. Salaries Expense
__________ 28. Salaries Payable
__________ 29. Furniture
__________ 30. Equipment
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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