Consider the following accounts and identify each as an asset (A), liability (L), or equity (E).
$$\begin{array} { | l | l | }
\hline \text { Common Stock } &\quad\quad\quad\quad \
\hline \text { Accounts Receivable } & \
\hline \text { Dividends } & \
\hline \text { Service Revenue } & \
\hline \text { Prepaid Rent } & \
\hline
\end{array}$$

Question

Consider the following accounts and identify each as an asset (A), liability (L), or equity (E).
 $$\begin{array} { | l | l | } 
\hline \text { Common Stock } &\quad\quad\quad\quad \
\hline \text { Accounts Receivable } & \
\hline \text { Dividends } & \
\hline \text { Service Revenue } & \
\hline \text { Prepaid Rent } & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Consider the following accounts and identify each as an asset (A), liability (L), or equity (E).
 $$\begin{array} { | l | l | } 
\hline \text { Common Stock } &\quad\quad\quad\quad \
\hline \text { Accounts Receivable } & \
\hline \text { Dividends } & \
\hline \text { Service Revenue } & \
\hline \text { Prepaid Rent } & \
\hline
\end{array}$$

Consider the Following Accounts and Identify Each as an Asset