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For the Items Listed Below, Fill in the Appropriate Code

Question 197

Essay

For the items listed below, fill in the appropriate code letter to indicate whether the item is an asset, liability, or stockholders' equity item.   Code   Asset  Liability  L  Stockholders’ Equity  SE \begin{array}{lc}& \text { \underline{\text{ Code }} } \\\text { Asset } & \text {A } \\\text { Liability } & \text { L } \\\text { Stockholders' Equity } & \text { SE }\end{array}


 ____ 1. Rent Expense  ____ 2. Equipment  ____ 3. Accounts Payable ____ 4. Common Stock ____ 5. Insurance Expense ____ 6. Cash ____ 7. Accounts Receivabl  ____ 8. Retained Earnings ____ 9. Service Revenue  ____ 10. Notes Pavable \begin{array}{r}\text { \( \_\_\_\_ \) 1. Rent Expense } \\\text { \( \_\_\_\_ \) 2. Equipment } \\\text { \( \_\_\_\_ \) 3. Accounts Payable } \\\text {\( \_\_\_\_ \) 4. Common Stock } \\\text {\( \_\_\_\_ \) 5. Insurance Expense }\end{array} \quad \begin{array}{r}\text {\( \_\_\_\_ \) 6. Cash } \\ \text {\( \_\_\_\_ \) 7. Accounts Receivabl } \\ \text { \( \_\_\_\_ \) 8. Retained Earnings } \\\text {\( \_\_\_\_ \) 9. Service Revenue } \\\text { \( \_\_\_\_ \) 10. Notes Pavable }\end{array}

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