Typical Accounts Flashcards
1
Q
Cash
A
Assets
2
Q
Investments
A
Assets
3
Q
Accounts Receivable
A
Assets
4
Q
Inventory
A
Assets
5
Q
Land
A
Assets
6
Q
Building
A
Assets
7
Q
Equipment
A
Assets
8
Q
Patent
A
Assets
9
Q
Copyright
A
Assets
10
Q
Accounts Payable
A
Liability
11
Q
Salaries Payable
A
Liability
12
Q
Unearned Sales Revenue
A
Liability
13
Q
Interest Payable
A
Liability
14
Q
Income Taxes Payable
A
Liability
15
Q
Notes Payable
A
Liability
16
Q
Bonds Payable
A
Liability
17
Q
Common stock
A
Stockholders’ Equity
18
Q
Retained Earnings
A
Stockholders’ Equity
19
Q
Sales Revenue
A
Revenue
20
Q
Service Revenue
A
Revenue
21
Q
Interest Income
A
Revenue
22
Q
Rent Revenue
A
Revenue
23
Q
Cost of Goods Sold
A
Expense
24
Q
Salaries Expense
A
Expense
25
Rent Expense
Expense
26
Insurance Expense
Expense
27
Depreciation Expense
Expense
28
Advertising Expense
Expense
29
Utilities Expense
Expense
30
Repairs and Maintenance Expense
Expense
31
Property Taxes Expense
Expense
