Classify each of the following accounts as either a real account (R) or a nominal account (N):
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Classify each of the following accounts as either a real account (R) or a nominal account (N): ieveGash 10. Interest Expense 18. Property Tax Expense 2. Sales Revenue 11. Insurance Premiums 19. Rent Expense 3. Accounts Receivable Payable 20. Interest Payable 4. Cost of Goods Sold 12. Salaries Expense 21. Income Taxes Payable 5. Prepaid Insurance 13. Accounts Payable 22. Dividends 6. Capital Stock 14. Prepaid Salaries 23. Buildings 7. Retained Earnings 15. Utilities Expense 24. Office Supplies 8. Insurance Expense 16. Notes Payable 25. Income Tax Expense 9. Salaries Payable 17. Inventory
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Related Book For
Financial Accounting
ISBN: 9780324066708
8th Edition
Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.
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