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Classification of Accounts Tick the best option to classify the following accounts * 10 points Assets Liabilities Equity Income Expenses Goodwill Credit Card Travel Insurance

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Classification of Accounts Tick the best option to classify the following accounts * 10 points Assets Liabilities Equity Income Expenses Goodwill Credit Card Travel Insurance Capital Rent Bank Account Bank Loan Depreciation Consultancy Classification of Journal Tick the best option to classify the following transactions * 10 points Purchase Journal Sales Journal Sales Return Journal Purchases Return Journal General Journal Purchases Purchased merchandise from J Brothers 3,000.00 Sold merchandise to Nemia & Sons worth 6,000.00 O Purchase Furniture from Mr. Lopez for of 3,200.00 o Returned goods to Brothers of 200.00 0 0 O O Y & Co returned merchandise of 300.00 Purchase Machinery on account from ABC Machines 7,000.00 Purchase Furniture from Mr. Lopez for of 3,200.00 Returned goods to J Brothers of 200.00 Y & Co returned merchandise of 300.00 Purchase Machinery on account from ABC Machines 7,000.00 O Credit sales of goods to Y & Co for 2,500.00 Nemia & Sons returned goods 1,000.00 Purchased goods from Alyssa & Co for 4,500.00 Return merchandise to Alyssa & Co 500.00 O

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