Question

--/10 Question 6 View Policies Current Attempt in Progress Below are some items found in the financial statements of Petra Zizler. Orthodontist. Indicate (a) whether each of the above items is an asset, liability, or part of owner's equity: and (b) which financial statement-income statement statement of owner's equity, or balance sheet-it would be reported on. The first one has been done for you as an example (a) (b) 1 Accounts payable Liability Balance Sheet 2. Accounts receivable abili 3 Cash 4. Equipment 5. Interest payable 6. Interest revenue 7 Interest expense 8 Investment by the owner 9. Service revenue 10. Prepaid rent 11. P.Zizler, capital opening balance) 12. P.Zizler, drawings 13. Salaries expense 14. Supplies 15. Supplies expense 16. Unearned revenue Save for Later Attempts: 0 of 3 used Submit Answer Send to Gradebook Submitted to Gradebook, Fri, Jan 17, 2020, 10:42:36 PM (America/Toronto -05:00) Next >

Answer 1

	a	b
1	Liability	Balance sheet
2	Asset	Balance sheet
3	Asset	Balance sheet
4	Asset	Balance sheet
5	Liability	Balance sheet
6	Asset	Income statement
7	Liability	Income statement
8	Part of owner's equity	Statement of owner's equity
9	Asset	Income statement
10	Asset	Balance sheet
11	Part of owner's equity	Statement of owner's equity
12	Part of owner's equity	Statement of owner's equity
13	Liability	Income statement
14	Asset	Balance sheet
15	Liability	Income statement
16	Asset	Balance sheet