FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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I have to label the following accounts. I have to specify what type of account they are -Asset, Liability, Equity, Revenue or Expense. Then I have to classify them as Real or Nominal. Here they are

1) Accounts Payable
2) Service Fees Revenue
3) Tax Expense
4) Cash
5) Accounts Receivable
6) Smith, Drawings
7) Interest Receivable
8) Retained Earnings
9) Depreciation Expense
10) Interest Income
11) Invemtory
12) Bonds Payable
13) Common Stock
14) Prepaid Insurance
15) Sales
16) Cost of Goods Sold
17) Supplies Expense
18) Supplies on Hand
19) Wages Payable
20) Mortgage Payable

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