Matching
Classify each of these items as an:
Premises:
Accounts receivable
Accounts payable
Common stock
Supplies
Utilities expense
Cash
Notes payable
Equipment
Responses:
asset.
liability.
stockholders’ equity.
Correct Answer:
Premises:
Responses:
Accounts receivable
Accounts payable
Common stock
Supplies
Utilities expense
Cash
Notes payable
Equipment
Premises:
Accounts receivable
Accounts payable
Common stock
Supplies
Utilities expense
Cash
Notes payable
Equipment
Responses:
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