Warm-up: Elements of Statement of Comprehensive Income Identify the correct dassification of each of the accounts listed. Put a check mark () in the appropriate column. Owner's Account Asset Liability Revenue Expens Equity Accounts Payable Accrued Interest Income Accumulated Depreciation Allowance for Bad Debts Cash in Bank Depreciation Expense Bad Debts Expense Interest Receivable K. De Pedro, Drawing Mortgage Payable Petty Cash Fund Prepaid Insurance Prepaid Interest Professional Fees Repairs and Maintenance Expense Salaries Payable Service Income SSS Premium Expense Supplied on Hand Supplies Inventory Uneamed Interest Income Unexpired Insurance Unuced Sunpliee
Warm-up: Elements of Statement of Comprehensive Income Identify the correct dassification of each of the accounts listed. Put a check mark () in the appropriate column. Owner's Account Asset Liability Revenue Expens Equity Accounts Payable Accrued Interest Income Accumulated Depreciation Allowance for Bad Debts Cash in Bank Depreciation Expense Bad Debts Expense Interest Receivable K. De Pedro, Drawing Mortgage Payable Petty Cash Fund Prepaid Insurance Prepaid Interest Professional Fees Repairs and Maintenance Expense Salaries Payable Service Income SSS Premium Expense Supplied on Hand Supplies Inventory Uneamed Interest Income Unexpired Insurance Unuced Sunpliee
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.1KTQ
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