Classify each of the following account types by selecting options 1 through 5.

Question

Classify each of the following account types by selecting options 1 through 5.

____ Brandon Jones, Capital

____ Mortgage

____ Office Building

____ Notes Payable

____ Unearned Revenue

____ Supplies

____ Equipment

____ Salaries Payable

____ Accounts Receivable

____ Land

____ Accounts Payable

____ Cash

1.

Current Assets

2.

Current Liabilities

3.

Fixed Assets

4.

Long-term Liability

5.

Equity

Answer 1

____ Brandon Jones, Capital Equity

____ Mortgage Long term Liability

____ Office Building Fixed asset

____ Notes Payable Current Liability

____ Unearned Revenue Current Liability

____ Supplies Current Asset

____ Equipment Fixed Asset

____ Salaries Payable Current Liability

____ Accounts Receivable Current Asset

____ Land Fixed asset

____ Accounts Payable Current liability

____ Cash Current Asset