Activity 1 - Journalize transactions

Building

• Asset

• Liability

• Owner's Equity

• Income

• Expenses

Salary Expense

• Asset

• Liability

• Owner's Equity

• Income

• Expenses

Service Fee

• Asset

• Liability

• Owner's Equity

• Income

• Expense

Accounts Payable

• Asset

• Liability

• Owner's Equity

• Income

• Expense

Cash

• Asset

• Liability

• Owner's Equity

• Income

• Expense

Sales

• Asset

• Liability

• Owner's Equity

• Income

• Expense

Salary Expense

• Asset

• Liability

• Owner's Equity

• Income

• Expense

DJ, Capital

• Asset

• Liability

• Owner's Equity

• Income

• Expense

DJ, Drawing

• Asset

• Liability

• Owner's Equity

• Income

• Expense

Account Receivable

• Asset

• Liability

• Owner's Equity

• Income

• Expense