Identify each account if it is part of the Asset, Liability, Owner's Equity, Income, or
Expense. Write your answers on the spaces provided before each number.
1. Partner A, Drawings
2. Prepaid Insurance
3. Revenue
4. Salaries
5. Interest Payable
6. Land
7. Common Stock
8. Bonds Payable
9. Unearned Revenue
10. Office Equipment
11. Machinery Equipment
12. Uncollectible accounts
13. Partner B, Capital
14. Wages
15. Cash
Expense. Write your answers on the spaces provided before each number.
1. Partner A, Drawings
2. Prepaid Insurance
3. Revenue
4. Salaries
5. Interest Payable
6. Land
7. Common Stock
8. Bonds Payable
9. Unearned Revenue
10. Office Equipment
11. Machinery Equipment
12. Uncollectible accounts
13. Partner B, Capital
14. Wages
15. Cash
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Question:
Identify each account if it is part of the Asset, Liability, Owner's Equity, Income, or Expense. Write your answers on the spaces provided before each number.
Answer:
2.asset
3.expense
4.expense
5.liability