Classify each of the following accounts as an asset, liability, stockholders' equity, revenue, or expense item

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

Accounts receivable

asset

Equipment

asset

Inventory

asset

Accounts payable

liability

Mortgage payable

liability

Sales revenue

revenue

Service revenue

revenue

Rent expense

expense

Salaries and wages expense

expense

Supplies expense

expense


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