Account Classification Exam 1 Flashcards by Erika Cisneros

Q

Retained Earnings

A

Equity

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Q

Common Stock

A

Equity

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Q

Accounts Payable

A

Liability

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Q

Sales

A

Not a balance sheet account

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Q

Accounts Receivable

A

Assets

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Q

Prepaid Rent

A

Assets

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Q

Machinery

A

Assets

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Q

Service Revenue

A

Not a balance sheet account

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Q

Dividends

A

Not a balance sheet account

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Q

Inventory

A

Assets

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