For each account listed below, choose its classification:
| Account | Classification | |
|---|---|---|
| 1 | Accounts Payable | |
| 2 | Accounts Receivable | |
| 3 | Advertising Expense | |
| 4 | Bonds Payable | |
| 5 | Building | |
| 6 | Capital Stock | |
| 7 | Cash | |
| 8 | Common Stock | |
| 9 | Cost of Goods Sold | |
| 10 | Depreciation Expense | |
| 11 | Dividends | |
| 12 | Service Fees Earned | |
| 13 | Income Tax Expense | |
| 14 | Interest Expense | |
| 15 | Interest Payable | |
| 16 | Interest Revenue | |
| 17 | Inventory | |
| 18 | Investments | |
| 19 | Land | |
| 20 | Notes Payable | |
| 21 | Notes Receivable | |
| 22 | Preferred Stock | |
| 23 | Prepaid Advertising | |
| 24 | Prepaid Insurance | |
| 25 | Prepaid Rent | |
| 26 | Rent Expense | |
| 27 | Retained Earnings | |
| 28 | Salaries Payable | |
| 29 | Sales Revenue | |
| 30 | Service Revenue | |
| 31 | Supplies | |
| 32 | Unearned Revenue | |
| 33 | Utilities Payable | |
| 34 | Wages Expense |
The Rest Of TheVideos
| 1 | Not completed | The Accounting Equation | 4 min |
| 2 | Not completed | Assets vs Liabilities | 6 min |
| 3 | Not completed | Shareholder's Equity | 6 min |
| 4 | Not completed | The Balance Sheet | 6 min |
| 5 | Not completed | The Statement of Retained Earnings | 6 min |
| 6 | Not completed | The Income Statement | 7 min |
| 7 | Not completed | The Statement of Cash Flows | 7 min |
| 8 | Not completed | How the Statements Work Together | 10 min |
Topic 1Practice Problems
| Click Here to View All Problems at Once | View | ||
| 1 | Not completed | Matching Basic Vocabulary | Easy |
| 2 | Not completed | Account Classifications You are here. | Moderate |
| 3 | Not completed | Solving for Net Income | Moderate |
| 4 | Not completed | Tying the Statements Together | Moderate |
| 5 | Not completed | Solving for Retained Earnings | Hard |