Question 5 (60 points)



Classify each of the following account types by selecting options 1 through 5.

Question 5 options:


a) Office Building


b) Accounts Payable


c) Supplies


d) Land


e) Equipment


f) Cash


g) Salaries Payable


h) Brandon Jones, Capital


i) Accounts Receivable


j) Unearned Revenue


k) Mortgage


l) Notes Payable


1. Current Assets

2. Current Liabilities

3. Fixed Assets

4. Long-term Liability

5. Equity

edit: nvm found the answer
____ Brandon Jones, Capital Equity


____ Mortgage Long term Liability


____ Office Building Fixed asset


____ Notes Payable Current Liability


____ Unearned Revenue Current Liability


____ Supplies Current Asset


____ Equipment Fixed Asset


____ Salaries Payable Current Liability


____ Accounts Receivable Current Asset


____ Land Fixed asset


____ Accounts Payable Current liability


____ Cash Current Asset

Respuesta :

Answer:

Classify each of the following account types by selecting options 1 through 5.

Explanation:

Question 5 options:

a) Office Building           Fixed Assets

b) Accounts Payable      Current Liabilities

c) Supplies                       Current Assets  

d) Land                             Fixed Assets

e) Equipment                  Fixed Assets  

f) Cash                              Current Assets

g) Salaries Payable         Current Liabilities

h) Brandon Jones, Capital  Equity

i) Accounts Receivable    Current Assets

j) Unearned Revenue   Equity

k) Mortgage                 Long-term Liability

l) Notes Payable           Long-term Liability

 

1. Current Assets

2. Current Liabilities

3. Fixed Assets

4. Long-term Liability

5. Equity