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Identify Each of the Following Accounts

Question 108

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Identify each of the following accounts

Premises:
Salary Expense
Accounts Payable
Prepaid Insurance
Unearned Fee Revenue
Fees Revenue
Accounts Receivable
Common Stock
Supplies
Retained Earnings
Cash
Equipment
Dividends
Responses:
revenue (R)
expense (E)
asset (A)
liability (L)
equity (OE)

Correct Answer:

Salary Expense
Accounts Payable
Prepaid Insurance
Unearned Fee Revenue
Fees Revenue
Accounts Receivable
Common Stock
Supplies
Retained Earnings
Cash
Equipment
Dividends
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