Indicate whether the account is an asset (A), liability (
L), stockholders' equity (S
E), revenue (
R)or expense (
E)account. Also indicate if the account would appear on the Balance Sheet (B
S), Income Statement (I
S), Statement of Cash Flows (C
F)or the Statement of Retained Earnings (SR
E).

Question

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The Answer of Indicate whether the account is an asset (A), liability (
L), stockholders' equity (S
E), revenue (
R)or expense (
E)account. Also indicate if the account would appear on the Balance Sheet (B
S), Income Statement (I
S), Statement of Cash Flows (C
F)or the Statement of Retained Earnings (SR
E).

Indicate Whether the Account Is an Asset (A), Liability (L)