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4. Office supplies a) Debit b) Credit 5. Supplies expense a) Debit b) Credit 6. John Smith, Capital a) Debit 7. Prepaid rent a) Debit

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4. Office supplies a) Debit b) Credit 5. Supplies expense a) Debit b) Credit 6. John Smith, Capital a) Debit 7. Prepaid rent a) Debit 8. Rent expense a) Debit b) Credit b) Credit b) Credit 9. Consulting revenue a) Debit b) Credit 10. Uncarned revenue a) Debit b) Credit 11. Accounts payable a) Debit b) Credit 12. John Smith, Withdrawals a) Debit b) Credit 13. Equipment a) Debit b) Credit 14: Depreciation expense a) Debit b) Credit 15. Accumulated depreciation a) Debit b) Credit For each of the following accounts, signify which financial statement would contain the account balance. If the account is contained on more than one financial statement, be sure each financial statement is listed in your selection 4. Office supplies a) Both balance sheet and statement of owner's equity b) Balance sheet c)Both balance sheet and income statement d) Income statement c Statement of owner's equity 5. Supplies expense a) Both balance sheet and statement of owner's equity b) Balance sheet c) Both balance sheet and income statement d) Income statement e) Statement of owner's equity John Smith, Capital 6. Both balance sheet and statement of owner's equity a) b) c) d) e) Balance sheet| Both balance sheet and income statement Income statement Statement of owner's equity 7. Prepaid rent a) Both balance sheet and statement of owner's equity b) Balance sheet

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