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What Account Type would you assign to these accounts? 1.Checking Account 2.Unearned Revenue 3.Equipment 4.Accumulated Depreciation 5.Prepaid Rent .6.Cost of Sales 7.Sales 8.Payroll Taxes Payable

What Account Type would you assign to these accounts?

1.Checking Account

2.Unearned Revenue

3.Equipment

4.Accumulated Depreciation

5.Prepaid Rent

.6.Cost of Sales

7.Sales

8.Payroll Taxes Payable

9.Bank Loan (more than one period)

10.Depreciation Expense

Choose from the following:

1. Current Liabilities

2. Current Assets

3. Bank

4. Fixed Assets

5. Income

6. Costs of goods sold

7. long term liability

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