Question

or incorrect for the work you have completed so far. It do Check my work mode : This shows what is correct 4 drawn from the general ledger of Holt Food Supplies, Incorporated (HFSI: Computers. Operating lies, ncorporated (HiFSI: Computers, Operating Expense, Retaine Expenses, Rent Revenue, Building, Cash, Notes Payable, Land, Utilities Payable, Utilities Expense. Trucks, Gasoline Earnings. Supplies, Accounts Payable, Office Furniture, Salaries Expense, Common Stock Service Revenue Interest Expense. Dividends, Supplies Expense. ints Required a. List each account title under the element of the accounting equation to which it belongs 3 Answer is not complete. Stockholders Assets Liabilities Equity Notes payableOperalting expenses Cash Supplies Office fumiture Trucks Land Computers Buldng Utities payableUtities expense + Service revenue Interest expense +Rent revenue + Dividends Supples expense Gasoine expense Retained eamings Dividends Salaries expense Common stock b. Will ail businesses have the same number of accounts? Yes No くPrev 4 of 5111 Next >

Answer 1

Assets	=	Liabilities	+	Stockholder's equity
Cash	=	Notes payable	+	Operating expenses
Supplies	=	Utilities payable	+	Utilities expenses
Office furniture	=	Accounts payable	+	Service revenue
Trucks	=		+	interest expense
Land	=		+	Rent revenue
Computers	=		+	Dividends
Building	=		+	Supplies expense
	=		+	Gasoline expense
	=		+	Retained earnings
	=		+	salaries expense
	=		+	common stock

You missed accounts payable in the liabilities section and dividends was written twice.

Other things are totally correct.