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Account Classify
What is the classification of the account?
Question | Answer |
---|---|
Classification of Accounts: Cash is classified as what type of an account? | Asset |
Classification of Accounts: Accounts Payable is classified as what type of an account? | Liability |
Classification of Accounts: Accounts Receivable is classified as what of account? | Asset |
Classification of Accounts: Sales is classified as what type of an account? | Revenue |
Classification of Accounts: Rent Expense is classified as what type of an account? | Expense |
Classification of Accounts: Sales Tax Payable is classified as what type of an account? | Liability |
Classification of Accounts: Purchases is classified as what type of an account? | Cost of Merchandise |
Classification of Accounts: Income Summary is classified as what type of an account? | Owner's Equity |
Classification of Accounts: Supplies--Office is classified as what type of an account? | Asset |
Classification of Accounts: John Doe, Capital is classified as what type of an account? | Owner's Equity |
Classification of Accounts: Prepaid Insurance is classified as what type of an account? | Asset |