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Classify Accounts JW

Practice classifying accounts

QuestionAnswer
Prepaid Insurance Asset
Cash Asset
Account Payable-anyone biz owes Liability
Account Receivable-customer that owes biz Asset
Owner's Capital Owner's Equity
Sales Revenue
Utilities Expense Expense
Rent Expense Expense
Supplies Asset
Owner's Drawing Owner's Equity
Created by: joannw15
Popular Accounting sets

 

 



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