Types of Accounts in Accounting
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview
7 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which type of account is cash?
Back
Asset
2.
FLASHCARD QUESTION
Front
Which type of account is accounts payable?
Back
Liability
3.
FLASHCARD QUESTION
Front
Which Type of Account is Owners Drawing?
Back
Owners Equity
4.
FLASHCARD QUESTION
Front
Which type of account is Supplies?
Back
Asset
5.
FLASHCARD QUESTION
Front
Which type of account is Prepaid Insurance?
Back
Asset
6.
FLASHCARD QUESTION
Front
What is the Accounting Equation?
Back
Assets = Liabilities + Owners Equity
7.
FLASHCARD QUESTION
Front
Which type of account is Accounts Receivable?
Back
Asset
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