Chart of Accounts Groups Flashcards by JENNA Mueller | Brainscape

Q

Cash

A

Asset

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Q

Accounts Receivable

A

Asset

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Q

Other Receivables

A

Asset

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Q

Inventory

A

Asset

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Q

Prepaid Insurance

A

Asset

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Q

Security Deposit

A

Asset

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Q

Fixtures and Equipment

A

Asset

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Q

Accumulated Depreciation- Fixtures and Equipment

A

Asset

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Q

Common Stock

A

Equity

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Q

Retained Earnings

A

Equity

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Q

Accounts Payable

A

Liability

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Q

Interest Payable

A

Liability

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Q

Wages Payable

A

Liability

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Q

Taxes Payable

A

Liability

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Q

Unearned Revenue

A

Liability

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Q

Notes Payable

A

Liability

Q

Sales Revenue

A

Revenue and Income

Q

Interest Revenue

A

Revenue and Income

Q

Cost of Goods Sold

A

Expense

Q

Wages Expense

A

Expense

Q

Rent Expense

A

Expense

Q

Advertising Expense

A

Expense

Q

Depreciation Expense- Fixtures and Equipment

A

Expense

Q

Insurance Expense

A

Expense

Q

Interest Expense

A

Expense

Q

Tax Expense

A

Expense