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What Category does each account belong in? Place an A in the Asset column if an Asset, an L in the Liability column if a

What Category does each account belong in? Place an "A" in the Asset column if an Asset, an "L" in the Liability column if a Liability, "E" if Equity, "R" if Revenue, and "X" if E(X)pense You may submit this either through Canvas or printed and handwritten

Your choices are: (A)sset (L)iability (E)quity** (R)evenue E(X)pense

Accounts Payable

Accounts Receivable

Auto Expense

Building

Cash

Cash-Savings Account

Commissions Revenue

Computers

Entertainment Expense

Fees Revenue

Furniture

Interest Payable

Interest Revenue

Land

Licenses Expense

Notes Payable

Office Equipment

Office Supplies

Owner, Capital

Owner, Withdrawals

Postage Expense

Prepaid Insurance

Salary Expense

Sales Revenue

Service Revenue

Supplies Expense

Taxes Expense

Telephone Expense

Unearned Revenue

Utilities Expense

**Equity includes only: Capital Withdrawals

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