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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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