Question
1.Notes payable A. Balance sheet and asset account B. Balance sheet and liability account C. Balance sheet and owners' equity account D. Income statement account
1.Notes payable
| A. | Balance sheet and asset account | |
| B. | Balance sheet and liability account | |
| C. | Balance sheet and owners' equity account | |
| D. | Income statement account | |
| E. | Statement of retained earnings account |
2. Gain on sale of equipment
| A. | Balance sheet and asset account | |
| B. | Balance sheet and liability account | |
| C. | Balance sheet and owners' equity account | |
| D. | Income statement account | |
| E. | Statement of retained earnings account |
3. Bad debt expense
| a. | Balance sheet and asset account | |
| b. | Balance sheet and liability account | |
| c. | Balance sheet and owners' equity account | |
| d. | Income statement account | |
| e. | Statement of retained earnings account |
4. Inventory
| a. | Balance sheet and asset account | |
| b. | Balance sheet and liability account | |
| c. | Balance sheet and owners' equity account | |
| d. | Income statement account | |
| e. | Statement of retained earnings account |
5.Bonds payable
| a. | Balance sheet and asset account | |
| b. | Balance sheet and liability account | |
| c. | Balance sheet and owners' equity account | |
| d. | Income statement account | |
| e. | Statement of retained earnings account |
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Coping With Financial Accounting 1 For Senior Secondary Schools And Undergraduate Studies
Authors: Festus Chukwunwendu Akpotohwo ,Stella Alfred-Jaja Wellington-Igonibo ,Cletus Ogeibiri
1st Edition
3659611034, 978-3659611032
