For each of the following accounts, select the correct account type. Accounts payable Accounts receivable Accumulated Depreciation: Build Building Capital Stock Cost of Goods Sold Depreciation Expense: Building Fees Earned Retained Earnings Prepaid Insurance Insurance Expense. Choose [Choose ] Stockholders' Equity Contra-Asset Expense Asset Liability Revenue [Choose ] [Choose ] [Choose ] [Choose ] [Choose ] [Choose ]
For each of the following accounts, select the correct account type. Accounts payable Accounts receivable Accumulated Depreciation: Build Building Capital Stock Cost of Goods Sold Depreciation Expense: Building Fees Earned Retained Earnings Prepaid Insurance Insurance Expense. Choose [Choose ] Stockholders' Equity Contra-Asset Expense Asset Liability Revenue [Choose ] [Choose ] [Choose ] [Choose ] [Choose ] [Choose ]
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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