Question
Question 1 (15 marks) The following accounts are from the ledger of Bosun's Pilot Service. a. L. Bosun, capital b. Piloting revenue c. Accounts payable
Question 1 (15 marks) The following accounts are from the ledger of Bosun's Pilot Service. a. L. Bosun, capital b. Piloting revenue c. Accounts payable d. Office supplies e. Prepaid advertising f. Equipment g. Cash h. L. Bosun, drawings i. Salaries expense j. Repairs and maintenance expense k. Accounts receivable 1. Unearned revenue m. Rent revenue n. Bank loan payable o. Boat Required For each account, determine if the account is an asset (A), liability (L), owner's equity (OE), revenue (R), or expense (E) account. In the next column, state if the account would appear on a balance sheet (B), income statement (1), or statement of owner's equity (SOE).
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Question 1 (15 marks)
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