In what section of the Accounting Equation does each of the following accounts go (Asset. Liability,...

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In what section of the Accounting Equation does each of the following accounts go (Asset. Liability, or Owners Equity)?: (a)

business accounting

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Answer 1

Answer #1

a]	Wages payable	Liabilities
b]	Supplies expense	Owners' equity
c]	Natalie Waddell, Drawing	Owners' equity
d]	Accounts receivable	Assets
e]	Natalie Waddell, Capital	Owners' equity
f]	Supplies	Assets

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Answer 2

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