Question

Please show what type of account each belongs to ( for example Current Asset, Current Liability,...

Please show what type of account each belongs to ( for example Current Asset, Current Liability, Stockholders Equity, etc.) and if each is a credit or debit.

Accounts Payable

Accounts Receivable

Accumulated Depreciation - Equipment

Cash

Common Stock

Depreciation Expense - Equipment

Dividends

Equipment

Interest Expense

Interest Revenue

Notes Payable

Prepaid Rent

Retained Earnings

Service Revenue

Unearned Revenue

Wages Expense

Wages Payable

Business   Accounting   
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Answer #1
Account Type Balance
Accounts payable Liabilities Credit
Accounts receivable Assets Debit
Accumulated depreciation Assets (contra) Credit
Cash Assets Debit
Common Stock Stockholder's equity Credit
Depreciaation Expense Stockholder's equity Debit
Dividend Stockholder's equity Debit
Equipment Assets Debit
Interest expense Stockholder's equity Debit
Interest revenue Stockholder's equity Credit
Notes payable Liabilities Credit
Prepaid rent Assets Debit
Retained earnings Stockholder's equity Credit
Service revenue Stockholder's equity Credit
Unearned revenue Liabilities Credit
Wages expeense Stockholder's equity Debit
Wages payable Liabilities Credit
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