1) List eight asset accounts and describe what asset is recorded in each one.

2)List 8 Liability accounts and describe what liability is recorded in each one.

3) List all steps required to properly account for transactions from the time they happen until the Balance Sheet is prepared

4) Whats types of accounts normally have debit balances, credit balances.

5) List 10 Expenses accounts normally and describe the expenses reflected in the accounts

6) List 5 Revenue accounts and describe what revenue would be recorded in the account

7) Distinguish between expenses and losses

8) Distinguish between Revenues and Gains

9) List 10 adjustIng entries And why the adjusting and why the adjusting entries are being made

10) List the Equity Acounts found in a Corporation's equity section of its balance sheet