INSTRUCTIONS - For each of the following twenty (20) accounts of Absorka Company, indicate which financial statement the item belongs on, the classification or sub-classification (for assets & liabilities) of the account and the accounts normal balance. The first row is an example.

Financial Statements: Balance Sheet (BS), Income Statement (IS), Retained Earnings Statement (RE)
Account Classification (if an account is a contra account, be sure to state "contra" in front of the account classification, i.e. contra long-term liability):
				Current asset (CA), long-term investment(LTI), property, plant & equipment (PPE), intangible asset (IA),
other long-term asset (OLTA)
Current liability (CL) or long-term liability (LTL)
Stockholders Equity (SE)
Dividend (Div)
Revenue (Rev)
Expense (Exp)
	Use the drop-down boxes or type in using the abbreviations shown above
Account	Financial Statement	Account classification indicate if contra	Normal Balance (Debit or Credit)
Bond Discount	BS	Contra LTL	Debit
1. Sales revenue
2. Office supplies
3. Dividends
4. Accounts receivable
5. Common stock
6. Allowance for doubtful accounts
7. Interest payable
8. Equipment
9. Supplies expense
10. Accumulated Depreciation - Equipment
11. Salaries payable
12. Sales Discount
13. Cost of goods sold
14. Note payable, due in 5 years
15. Patent
16. Accounts payable
17. Depreciation expense
18. Retained earnings, beginning of period
19. Unearned Revenue
20. Prepaid expenses