Free Printable CLASSIFYING ACCOUNT TITLES

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Worksheets

CLASSIFYING ACCOUNT TITLES

Total questions: 20

Worksheet time: 2mins

Name

Class

Date

1.

CASH

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

2.

PROFESSIONAL FEES

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

3.

SERVICE REVENUE

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

4.

PREPAID RENT

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

5.

RENT EXPENSE

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

6.

Merchandise Inventory

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

7.

Notes Receivable

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

8.

Utilities Expense

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

9.

Insurance Expense

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

10.

Prepaid Insurance

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

11.

Owner’s Capital

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

12.

Notes Payable

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

13.

Accounts Payable

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

14.

Accounts Receivable

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

15.

Owner’s Drawing

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

16.

Notes Receivable

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

17.

Unearned Revenue

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

18.

Transportation Expense

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

19.

Rent Income

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

20.

Sales

a)

Asset

b)

Liabilities

c)

Owner's Equity

d)

Income

e)

Expense

Reset

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