I need help with my accounting homework could someone provide the explanation to the answers so I can study and understand them. Thanks.

There is no need for graphs or charts if you read the question carefully

1) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Mary Marx, Capital

Fill in the Blank_________________________

2) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Supplies Expense

Fill in the Blank____________________________

3) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Office Equipment

Fill in the Blank____________________________

4) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Mary Marx, Withdrawals

Fill in the Blank_____________________________

5) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Accounts Receivable

Fill in the Blank________________________________

6) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Interest Payable

Fill in the Blank_________________________________

7) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Unearned Revenue

Fill in the Blank_________________________________

8) For the following account, state what type of account it is (A=asset,L=liability,C=capital,D=drawing,R=revenue,E=expense), whether it takes aDebitorCreditto increase the account (its normal balance), and which financial statement the account would be reported on (B=balance sheet,S=statement of owner's equity,I=income statement). Enter only the bolded answers in order of the question. For example, for Cash your answer would look like the following: A Debit BBe sure to use capital letters and spell Debit and Credit correctly.

Prepaid Rent

Fill in the Blank_________________________________

9) Match the following definition with one of the terms provided.Type the term exactly as it appears.

Definition:Expresses the relation of assets, liabilities and equity in a company, comparing the resources the company owns to the sources of funds to acquire the resources.

Terms: Risk, Owner capital, Return on assets, Liabilities, Expenses, Owner withdrawals, Assets, Accounting equation

Fill in the Blank________________________________

10) Match the following definition with one of the terms provided.Type the term exactly as it appears.

Definition:The uncertainty about the return to be earned.

Terms: Risk, Owner capital, Return on assets, Liabilities, Expenses, Owner withdrawals, Assets, Accounting equation

Fill in the Blank________________________________