For each account, identify Account Type and Financial Statement on which it appears.

Account Types

• Asset
• Liability
• Equity
• Income
• Expense

Financial Statements

• Balance Sheet
• Profit and Loss

Accounts

1. Sales

2. Checking

3. Accounts Receivable (A/R)

4. Rent & Lease

5. Prepaid Expenses

6. Prepaid Expenses: Supplies

7. Office Supplies & Software

8. Prepaid Expenses: Insurance

9. Insurance: Liability Insurance Expense

10. Undeposited Funds

11. Accounts Payable (A/P)

12. VISA Credit Card

13. Prepaid Insurance: Rent

14. Interest Paid

15. Contractors

16. Legal & Professional Services

17. Advertising & Marketing

18. Meals & Entertainment

19. Retained Earnings

20. Owners Investment

21. Owner Distributions

22. Inventory

23. Utilities