Asset, Liabilities or Stakeholders' Equity ?? Flashcards
1
Q
Accounts Receivable
A
Asset
2
Q
Cash
A
Asset
3
Q
Supplies
A
Asset
4
Q
Equipment
A
Asset
5
Q
Accounts Payable
A
Liability
6
Q
Common Stock
A
Stakeholders’ Equity
7
Q
Retained Earnings
A
Stakeholders’ Equity
8
Q
D.E.A.L.
A
Debit: Dividends, Expenses, Assets, Losses
9
Q
G.I.R.L.S.
A
Credit: Gain, Income, Revenue, Liabilities, Stakeholders’ Equity
