Principles of Financial Accounting.
Principles of Financial Accounting.
22nd Edition
ISBN: 9780077632892
Author: John J. Wild
Publisher: McGraw Hill
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Chapter 2, Problem 2QS

Identifying financial

statement accounts

C2

Classify each of the following accounts as an asset (A), liability (L), or equity (EQ) account.

a. Cash

b. Prepaid Rent

c. Office Supplies

d. Prepaid Insurance

e. Office Equipment

f. Owner, Capital

g. Accounts Payable

h. Unearned Rent Revenue

i. Owner, Withdrawals

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