Account Classification/Accounting
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Cash | Asset
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| Petty Cash | Asset
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| Accounts Receivable | Asset
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| Inventory | Asset
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| Supplies | Asset
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| Office Supplies | Asset
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| Property and Equipment | Asset
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| Office Equipment | Asset
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| Office Furniture | Asset
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| Accounts Payable | Liability
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| Note Payable - Current | Liability
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| Note Payable - Long-term | Liability
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| John Doe, Capital | Owner's Equity
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| Common Stock | Owner's Equity
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| Retained Earnings | Owner's Equity
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| Sales | Revenue
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| Professional Fees | Revenue
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| Advertising Expense | Expense
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| Bank Service Charges | Expense
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| Depreciation Expense | Expense
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| Insurance Expense | Expense
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| Interest Expense | Expense
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| Miscellaneous Expense | Expense
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| Repairs and Maintenance Expense | Expense
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| Salary Expense | Expense
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| Telephone Expense | Expense
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| Cash in Savings | Asset
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| Payroll Tax Expense | Expense
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| Federal Income Tax Expense | Expense
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| Legal and Professional Expense | Expense
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
suselizf
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