Types of accounts Flashcards
1
Q
Cash
A
Asset
2
Q
Accounts Receivable
A
Assets
3
Q
Food Inventory
A
Assets
4
Q
Beverage Inventory
A
Assets
5
Q
Supplies Inventory
A
Assets
6
Q
Prepaid Inventory
A
Assets
7
Q
Prepaid rent
A
Assets
8
Q
Land
A
Assets
9
Q
Building
A
Assets
10
Q
Furnishing and Equipment
A
Assets
11
Q
China, Glassware, Silver, Linen, Uniforms
A
Assets
12
Q
Security Deposits
A
Assets
13
Q
Accounts Payable
A
Liability
14
Q
Sales Tax Payable
A
Liability
15
Q
Income Taxes Payable
A
Liability
16
Q
Accrued Payroll
A
Liability
17
Q
Accrued Payroll Taxes
A
Liability
18
Q
Advance Deposits
A
Liability
19
Q
Current Maturities of Long-Term Debt
A
Liability
20
Q
Notes Payable
A
Liability
