Name: Date: Subject: Time: Account titles classification Presented is a table of account titles in alphabetical order for Buddy

Bookshop. Complete the table by writing on the appropriate column name of the account group or sub-classification (Asset, Liability, owner's equity, revenue or expense) to which each given account belongs. ACCOUNT TITLE Accounts Payable Accounts Receivable Accrued Other Expenses Payable Accumulated Depreciation- equipment INCOME STATEMENT liability asset liability BALANCE SHEET

1 2 3 4

5 Accumulated Depreciation-building 6 Accumulated Depreciation-machinery 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Advertising & Publicity Advertising Expense Allowance for Bad Debts Bad Debts expense Budoy, Capital Building Cash in Bank Cash on Hand Depreciation expense Equipment Fees Income Freight -in Freight- out Fringe Benefit Payable Impairment Loss Income Tax Payable Insurance Expense Interest Payable Intranet Expenses Machinery Membership Dues and Fees Merchandise Inventory, beg Merchandise Inventory, end Miscellaneous Expenses Notes Payable Notes receivable Other Income Petty Cash Fund Prepaid Insurance Prepaid Subscription Periodical and Magazines Purchase Discount Purchase Returns and allowances Purchases Repairs and Maintenance Salaries expense Salaries payable Sales Sales Discount Sales Returns and allowances Supplies expense Supplies on Hand Taxes and Licenses Expense Taxes and Licenses payable Transportation expense

contr- account

adjunct account