Question
CATEGORIZE THE FOLLOWING ACCOUNTS ASSET LIABILITY OWNERS EQUITY REVENUE EXPENSE Cash Accounts Receivable / debtors Supplies Insurance Expense Equipment Office rent Machinery Accounts Payable /
CATEGORIZE THE FOLLOWING ACCOUNTS
| ASSET | LIABILITY | OWNERS EQUITY | REVENUE | EXPENSE |
Cash |
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Accounts Receivable / debtors |
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Supplies |
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Insurance Expense |
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Equipment |
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Office rent |
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Machinery |
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Accounts Payable / creditors |
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Notes Payable |
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Share Capital |
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Discount given |
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Dividends received |
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Service Revenue |
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Depreciation - machinery |
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Retained Earnings |
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Advertising Expense |
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Factory expenses |
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Building |
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Interest Expense |
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Sales revenue |
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Goodwill |
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Investments in Government bonds |
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Bank loan |
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Purchases |
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Salesmen Commission |
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Discount received |
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Inventory |
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Utilities Expense |
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Land |
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Interest Revenue |
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Salaries Expense |
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