Consider the following accounts and identify each as an asset (A),liability (L),or equity (E).
$$\begin{array} { | l | l | }
\hline \text { Smith, Capital } &\quad\quad\quad\quad\quad \
\hline \text { Unearned Revenue } & \
\hline \text { Building } & \
\hline \text { Interest Revenue } & \
\hline \text { Prepaid Advertising } & \
\hline
\end{array}$$

Question

Consider the following accounts and identify each as an asset (A),liability (L),or equity (E).
 $$\begin{array} { | l | l | } 
\hline \text { Smith, Capital } &\quad\quad\quad\quad\quad \
\hline \text { Unearned Revenue } & \
\hline \text { Building } & \
\hline \text { Interest Revenue } & \
\hline \text { Prepaid Advertising } & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Consider the following accounts and identify each as an asset (A),liability (L),or equity (E).
 $$\begin{array} { | l | l | } 
\hline \text { Smith, Capital } &\quad\quad\quad\quad\quad \
\hline \text { Unearned Revenue } & \
\hline \text { Building } & \
\hline \text { Interest Revenue } & \
\hline \text { Prepaid Advertising } & \
\hline
\end{array}$$

Consider the Following Accounts and Identify Each as an Asset