Chapter 1 Accounts Flashcards
1
Q
Supplies
A
Asset
2
Q
Accounts receivable
A
Asset
3
Q
Accounts payable
A
Liability
4
Q
Notes payable
A
Liability
5
Q
Rent revenue
A
Revenue
6
Q
Supplies expense
A
Expense
7
Q
Cash
A
Asset
8
Q
Salaries & wages payable
A
Payable
9
Q
Equipment
A
Asset
10
Q
Salaries & wages expense
A
Expense
11
Q
Service revenue
A
Revenue
12
Q
Utilities expense
A
Expense
13
Q
Rent expense
A
Expense
14
Q
Advertising expense
A
Expense
15
Q
Repairs expense
A
Expense
