Enter the number for the item that best completes each of the descriptions below.

1. Asset 3. Account 5. Three 2. Equity 4. Liability

a. An ____ is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item

b. Accounts payable, unearned revenue, and note payable are examples of____ accounts

c. Accounts receivable, prepaid accounts, supplies, and land are examples of ____ accounts

d. Accounts are arranged into ____ general categories

e. Owner, capital and owner, withdrawals are examples of ____ accounts