Classifying Information The accounting process is similar for all companies; however, the individual accounts a company selects to classify transactions reflect the kind of information needed to make decisions about its specific business operations. For each of the following types of businesses, identify a revenue account and an expense account that would be important in their recordkeeping systems. For each account, explain how the information will improve a decision.

a. A law firm that does legal work and tax work.

b. A vending machine service company.

c. A local restaurant.

d. A book publisher.