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Practice Exercises 1. Match the tollowing t pos ing so ccrunts to their bilane seet clasitication to ther Accounts l'avable . Current Asset B. Current
Practice Exercises 1. Match the tollowing t pos ing so ccrunts to their bilane seet clasitication to ther Accounts l'avable . Current Asset B. Current Liability CLong Term Asset D. Lung-Term Liability E Owner Equity _c.ash I tuipment Inventorv Accounts Receivabl Retained Earnings Taxes P'ayable Initial Capital Accounts Common Stock 2. Match these equations --Rev enues-Ev penses A. Working Capital B. Pestit Formula C.RevMR D. Cost Penent Current Assets-Curcent Liabilities Revenues.. Costorsikswag +1h.nefits+Operating Espenos Wage Cost Revenues Profit Dellars Revenue Dollans Room Revenucs E Retention/Floss-thre F Dipartment P'roit G. Profit Percent Total Rooms Change in Profit Dollars -Change in Revenue Dollars
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