Solved

State Whether the Following Accounts Are

Question 159

Matching

State whether the following accounts are

Premises:

Responses:

________ Accounts payable

liability

________ Supplies

owner's equity

________ Capital

asset

________ Wages payable

________ Cash

________ Equipment

________ Accounts receivable

Premises:

________ Accounts payable

________ Supplies

________ Capital

________ Wages payable

________ Cash

________ Equipment

________ Accounts receivable

Responses:

liability

owner's equity

asset

Correct Answer:

Premises:

Responses:

________ Accounts payable

________ Supplies

________ Capital

________ Wages payable

________ Cash

________ Equipment

________ Accounts receivable

Related Questions

Q151: What classifications of Canadian corporations are required

Q152: Public corporations must follow IFRS when preparing

Q153: On January 1, 2019, Brad Thomas

Q154: Private Corporations can follow the ASPE or

Q155: Which of the following financial statements uses

Q156: Table 1-2
Following is a list showing

Q157: Which of the following financial statements reports

Q158: Both IFRS and ASPE:
A)provide the detailed accounting

Q160: State whether the following accounts would appear

Q161: Classify each event below

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

Scan the QR code to install the App and get 2 free unlocks

Unlock quizzes for free by uploading documents