Accounting Classification

Classify the following:

Capital

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Motor vehicle

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Loan from BCB Bank

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Accounts payable

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Accounts receivable

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Cash at bank

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Cash in hand

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Salaries

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Interest expense

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses

Classify the following:

Sales

• Assets

• Liabilities

• Owner's equity

• Revenues

• Expenses