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List the financial statement you would find these accounts. State their natural balance (Debit/Credit) - What would make the balance larger? 1. Cost of Goods
List the financial statement you would find these accounts. State their natural balance (Debit/Credit) - What would make the balance larger? 1. Cost of Goods Sold 3.Service Revenue 5. Vehicle Current Asset Current Asset Current Asset Non Current Asset Non Current Asset Non Current Asset Current Liability Current Liability Current Liability Non Current Liability Non Current Liability Non Current Liability Equity Equity Equity Revenue Revenue Revenue Expense Expense Expense Income Statement Income Statement Income Statement Balance Sheet Balance Sheet Balance Sheet Dr Dr Dr LL LLL LLLLLLL Cr LL LLL LLL LLL LLL Cr 2. Wage Expense Current Asset Non Current Asset Current Liability Non Current Liability Equity Cr 4. Note Payable Current Asset Non Current Asset Current Liability Non Current Liability LL LL LLLLLLL Equity Revenue Revenue Expense Income Statement Expense Income Statement Balance Sheet Balance Sheet Dr Dr Cr Cr
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