Identify which of the following accounts appear on a balance sheet.
A) Cash
B) Fees Eamed
C) Capital Stock
D) Wages Payable
E) Rent Expense
F) Prepaid Ackertising
G) Land

Question

Quizplus · Accepted Answer

A) Cash is an asset account and appears on the balance sheet.
B) Fees Earned is a revenue account and appears on the income statement.
C) Capital Stock is an equity account and appears on the balance sheet.
D) Wages Payable is a liability account and appears on the balance sheet.
E) Rent Expense is an expense account and appears on the income statement.
F) Prepaid Advertising is an asset account and appears on the balance sheet.
G) Land is an asset account and appears on the balance sheet.

Identify Which of the Following Accounts Appear on a Balance