Q2 - ASSIGNMENT LESSON - MAJOR ACCOUNTS

Identify if the account is an asset, liability, equity, income or expense Put an X mark on the correct answer.
OWNER'S
ACCOUNT ASSET LIABILITIES INCOME EXPENSE
EQUITY
1 Accounts receivable X
2 Accumulated Depreciation X
3 Trading Securities X
4 Bonds Payable X
5 Interest Payable X
6 Salaries Payable X
7 De Jesus, Capital X
8 De Jesus, Drawing X
9 Service Fees Income X
10 Rent Expense X
11 Salaries Expense X
12 Supplies Expense X
13 Advertising Expense X
14 Building X
15 Delivery Truck X
16 Inventories X
17 Land X
18 Mortgage Loans X
19 Notes Payable X
20 Unearned Income X
21 Office Supplies X
22 Prepaid Expense X
23 Cash X
24 Notes Receivables X
25 Utilities Expense X