Account CodeAccount TitiesPadilla, DrawingsEquipmentAccounts PayableNotes PayableLandPrepaid ExpenseService RevenuePadilla, CapitalUtilitics ExpenseBuildingRent ExpenseCashSuppliesAccounts ReceivableSalaries ExpenseInventoryDetermine whether it is Asset , Liability , Equity , Revenue, expense

The balance sheet represents the financial position of the business with assets and liabilities on a…

Account Code Account Titie Padilla, Drawings Equipment Accounts Payable Notes Payable Land Prepaid Expense Service Revenue Padilla, Capital Utilities Expense Building Rent Expense Cash Supplies Accounts Receivable Salaries Expense Inventory

Account Code Account Titie Padilla, Drawings Equipment Accounts Payable Notes Payable Land Prepaid Expense Service Revenue Padilla, Capital Utilities Expense Building Rent Expense Cash Supplies Accounts Receivable Salaries Expense Inventory

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Account Code
Account Tities
Padilla, Drawings
Equipment
Accounts Payable
Notes Payable
Land
Prepaid Expense
Service Revenue
Padilla, Capital
Utilitics Expense
Building
Rent Expense
Cash
Supplies
Accounts Receivable
Salaries Expense
Inventory
Determine whether it is Asset , Liability , Equity , Revenue, expense

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