1 Accounts Payable a asset b liability c revenue d expense 2 Equipment a asset b liability c revenue d expense 3 Fees Earned a asset b liability c revenue d expense 4 Insurance Expense a asset b liability c revenue d expense 5 Prepaid Advertising a asset b liability c revenue d expense 6 Prepaid Insurance a asset b liability c revenue d expense 7 Rent Revenue a asset b liability c revenue d expense 8 Salary Expense a asset b liability c revenue d expense 9 Salary Payable a asset b liability c revenue d expense 10 Supplies a asset b liability c revenue d expense 11 Supplies Expense a asset b liability c revenue d expense 12 Unearned Rent a asset b liability c revenue d expense

Question

1  Accounts Payable a  asset b  liability c  revenue d  expense 2  Equipment a  asset b  liability c  revenue d  expense 3  Fees Earned a  asset b  liability c  revenue d  expense 4  Insurance Expense a  asset b  liability c  revenue d  expense 5  Prepaid Advertising a  asset b  liability c  revenue d  expense 6  Prepaid Insurance a  asset b  liability c  revenue d  expense 7  Rent Revenue a  asset b  liability c  revenue d  expense 8  Salary Expense a  asset b  liability c  revenue d  expense 9  Salary Payable a  asset b  liability c  revenue d  expense 10 Supplies a  asset b  liability c  revenue d  expense 11 Supplies Expense a  asset b  liability c  revenue d  expense 12 Unearned Rent a  asset b  liability c  revenue d  expense

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Question

1. Accounts Payable a. asset b. liability c. revenue d. expense 2. Equipment a. asset b. liability c. revenue d. expense 3. Fees Earned a.

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