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MATCH THE FOLLOWING ITEMS TO THE DESCRIPTION SPECIFIED BELOW: A. CURRENT ASSET B. CURRENT LIABILITIES C. LONG TERM ASSET D. LONGTERM LIABILITIES E. EQUITY F.

MATCH THE FOLLOWING ITEMS TO THE DESCRIPTION SPECIFIED BELOW:

A. CURRENT ASSET

B. CURRENT LIABILITIES

C. LONG TERM ASSET

D. LONGTERM LIABILITIES

E. EQUITY

F. WITHDRAWAL

H. REVENUE

I. EXPENSE

1. two months advance rent on the

boarding house

2. received mortgage loan

3. accrued wages

4. it is debited and close to income summary

5. Accumulated depreciation-building

6. Bad debts

7. investment made by the owner

8. the organization resources will be used for 2 to 5 years

9. Interest earned on savings account

10. cash from business used for personal purposes

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