Module in Basic Accounting: Activity 2.3.1

Classify this account: Supplies Expense

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Supplies

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Capital

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Rent Expense

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Interest Payable

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Prepaid Rent

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Cash

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Accounts Receivable

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Notes Payable

• Asset

• Liability

• Equity

• Income

• Expense

Classify this account: Prepaid Insurance

• Asset

• Liability

• Equity

• Income

• Expense