Assignment Two

Question $1$: Yasser construction services has the following accounts:

Cash.

Accounts Receivable.

Notes Receivable.

Allowance For Doubtful Accounts.

Interest Receivable.

Supplies.

Prepaid Insurance.

Prepaid Office Rent.

Inventory.

Investments.

Equipment.

Accumulated Depreciation $-$ Equipment.

Buildings.

Accumulated Depreciation $-$ Buildings.

Lands.

Patents.

Cost of Goods Sold.

Interest Expense.

Utilities Expense.

Salaries & Wages Expense.

Rent Expense.

Depreciation Expense.

Supplies Expense.

Shipping Expense

Accounts Payable.

Notes Payable.

Salaries & Wages Payable.

Interest Payable.

Utilities Payable

Dividends Payable.

Zakat$/$Tax Payable.

Unearned Revenue.

Rent Payable.

Mortgages.

Owners' Capital.

Owners' Drawings.

Common Stock.

Dividends.

Retained Earnings.

Service Revenue.

Rent Revenue.

Interest Revenue.

Sales Revenue.

Sales Retunes & Allowances.

Sales Discount.

Instructions: For each account, indicate the following: $($first account is answered as an example$)$

Account Type: $($Asset $/$ Conta$-$Asset $/$ Liability $/$ Contra$-$Liability $/$ Equity $/$ Contra$-$Equity $/$ Revenue $/$ Contra$-$Revenue $/$ Expense $/$ Contra$-$Expense$).$

Normal Balance: $($Debit$/$Credit$).$

Financial Statement: $($Balance Sheet $/$ Income Statement$).$

$\backslash$table$[[$#$,$Account Name,Account Type,Normal Balance,Financial Statement$],[1,$Cash,Asset,Debit,Balance Sheet$],[2,$Accounts Receivable.,,,$],[3,$Notes Receivable.,,,$]]$