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Accounts from Jake Stone Co. appear below. (a) In the first column at the right indicate the nature of each account, using the following abbreviations:
Accounts from Jake Stone Co. appear below. (a) In the first column at the right indicate the nature of each account, using the following abbreviations: Asset - A Liability - L Owner's Equity - O Revenue - R Expense - E (b) In the second column indicate the increase side of each account by inserting Dr. or Cr. Type of Account Increase Side Account (1) Cash (2) Accounts Receivable (3) Fees Earned (4) Jake, Drawing (5) Wages Payable (6) Utilities Expense (7) Jake, Capital (8) Supplies (9) Land (10) Accounts Payable
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