Homework Answers
Answer to Question S2-2.:
|
No. |
Accounts |
Account Type |
|
a. |
Bonds Payable |
Liability Account |
|
b. |
Equipment |
Asset Account |
|
c. |
Accounts Payable |
Liability Account |
|
d. |
Salaries Payable |
Liability Account |
|
e. |
Common Stock |
Equity Account |
|
f. |
Retained Earnings |
Equity Account |
|
g. |
Cash |
Asset Account |
|
h. |
Accounts Receivable |
Asset Account |
|
i. |
Sales Revenue |
Equity Account |
|
j. |
Inventory |
Asset Account |
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