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For the Items Listed Below Indicate Whether the Item Is

Question 279

Matching

For the items listed below indicate whether the item is an asset, liability, or equity item.

Premises:
Rent Expense
Equipment
Accounts Payable
Share Capital-Ordinary
Insurance Expense
Cash
Accounts Receivable
Dividends
Service Revenue
Notes Payable
Responses:
Asset (A)
liability (L)
Equity (E)

Correct Answer:

Rent Expense
Equipment
Accounts Payable
Share Capital-Ordinary
Insurance Expense
Cash
Accounts Receivable
Dividends
Service Revenue
Notes Payable
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