financial statement classification and acc balance Flashcards
1
Q
Accounts Payable
A
CL,CR
2
Q
Accounts Receivable
A
CA,DR
3
Q
Accumulated Depreciation
A
Contra-PPE, CR
4
Q
Advertising Expense
A
EXP, DR
5
Q
Building
A
PPE,DR
6
Q
Cash
A
CA, DR
7
Q
Cost of Goods Sold
A
EXP, DR
8
Q
Depreciation Expense
A
EXP, DR
9
Q
Equipment
A
PPE, DR
10
Q
income tax expense
A
EXP, DR
11
Q
income taxes payable
A
CL, CR
12
Q
Insurance Expense
A
EXP,DR
13
Q
interest Expense
A
EXP, DR
14
Q
Interest Payable
A
CL, CR
15
Q
Interest Receivable
A
CA DR
