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bohosted.cuny.eu/webapps, DILDO 1. What type of account is cost of goods sold? A. Asset B. Contra Revenue C. Liability D. Equity--Revenue E. Equity--Expense 2. What

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bohosted.cuny.eu/webapps, DILDO 1. What type of account is cost of goods sold? A. Asset B. Contra Revenue C. Liability D. Equity--Revenue E. Equity--Expense 2. What type of account is merchandise inventory? A. Asset B. Liability C. Equity-Capital D. Equity--Revenue E. Equity--Expense 3. What type of account is sales discounts ? A. Asset B. Liability C. Equity-Capital D. Equiry Revenue 1. None of the above

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