Accounting classification

Classify "Cash at Bank"

• Asset

• Revenue

• Expense

• Owner's equity

Classify 'Buildings'

• Revenue

• Asset

• Liability

• Expense

Classify 'Accounts Payable'

• Asset

• Revenue

• Liability

• Expense

Classify 'Supplies'

• Asset

• Revenue

• Expense

• Liability

Classify 'Service Fee Revenue'

• Revenue

• Asset

• Expense

• Owner's Equity

Classify 'Advertising'

• Expense

• Liability

• Owner's Equity

• Asset

Classify 'Inventories'

• Asset

• Expense

• Revenue

• Owner's Equity

Classify ' Wages and Salaries'

• Expense

• Asset

• Liability

• Revenue

Classify 'Motor Vehicles'

• Revenue

• Asset

• Expense

• Owner's Equity

Classify "Commission Received'

• Revenue

• Asset

• Expense

• Liability