Matching
State whether the following accounts would appear on
Premises:
________ Owner's withdrawals
________ Beginning owner's equity
________ Equipment
________ Accounts receivable
________ Service revenue
________ Utilities expense
________ Cash
________ Accounts payable
Responses:
income statement
statement of owner's equity
balance sheet
Correct Answer:
Premises:
Responses:
________ Owner's withdrawals
________ Beginning owner's equity
________ Equipment
________ Accounts receivable
________ Service revenue
________ Utilities expense
________ Cash
________ Accounts payable
Premises:
________ Owner's withdrawals
________ Beginning owner's equity
________ Equipment
________ Accounts receivable
________ Service revenue
________ Utilities expense
________ Cash
________ Accounts payable
Responses:
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