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You need to complete this assignment to show you know which accounts appear on the financial statements and what type for each account. Financial statement

You need to complete this assignment to show you know which accounts appear on the financial statements and what type for each account.

Financial statement account identification
(a) (b)
Account Name Statement Type of Account
Accounts payable
Accounts receivable
Accruals
Accumulated depreciation
Administrative expense
Buildings
Cash
Common stock (at par)
Cost of goods sold
Depreciation
Equipment
General expense
Interest expense
Inventories
Land
Long-term debt
Machinery
Marketable securities
Notes payable
Operating expense
Paid-in capital in excess of par
Preferred stock
Preferred stock dividends
Retained earnings
Sales revenue
Selling expense
Taxes
Vehicles

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