Question #1The account classification for Long Term Investment is:

Asset

Liability

Equity

Revenue

Expense

Question#2

The account classification for Cost of Goods Sold is:

Asset

Liability

Equity

Revenue

Expense

Question # 3

The account classification for Bonds Payable is:

Asset

Liability

Equity

Revenue

Expense

Question #4

The account classification for Allowance for Doubtful Accounts is contra:

Asset

Liability

Equity

Revenue

Question#5

The account classification for Accrued Liabilities is:

		Asset
		Liability
		Equity
		Revenue
		Expense