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State Whether the Following Accounts Would Appear On

Question 160

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State whether the following accounts would appear on

Premises:

Responses:

________ Owner's withdrawals

income statement

________ Beginning owner's equity

statement of owner's equity

________ Equipment

balance sheet

________ Accounts receivable

________ Service revenue

________ Utilities expense

________ Cash

________ Accounts payable

Premises:

________ Owner's withdrawals

________ Beginning owner's equity

________ Equipment

________ Accounts receivable

________ Service revenue

________ Utilities expense

________ Cash

________ Accounts payable

Responses:

income statement

statement of owner's equity

balance sheet

Correct Answer:

Premises:

Responses:

________ Owner's withdrawals

________ Beginning owner's equity

________ Equipment

________ Accounts receivable

________ Service revenue

________ Utilities expense

________ Cash

________ Accounts payable

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