Identify each of the following accounts as a revenue (R),expense (E),asset (A),liability (L),or equity (OE)by placing initials (R,E,A,L or OE)in the blanks.
____ 1.Salary Expense
____ 2.Cash
____ 3.Equipment
____ 4.Owner,Capital
____ 5.Fees Revenue
____ 6.Accounts Receivable
____ 7.Accounts Payable
____ 8.Owner,Withdrawals
____ 9.Supplies
____ 10.Unearned Fee Revenue
____ 11.Prepaid Insurance
____ 12.Office Furniture

Question

Quizplus · Accepted Answer

The Answer of Identify each of the following accounts as a revenue (R),expense (E),asset (A),liability (L),or equity (OE)by placing initials (R,E,A,L or OE)in the blanks.
____ 1.Salary Expense
____ 2.Cash
____ 3.Equipment
____ 4.Owner,Capital
____ 5.Fees Revenue
____ 6.Accounts Receivable
____ 7.Accounts Payable
____ 8.Owner,Withdrawals
____ 9.Supplies
____ 10.Unearned Fee Revenue
____ 11.Prepaid Insurance
____ 12.Office Furniture

Identify Each of the Following Accounts as a Revenue (R),expense