Consider the Following Accounts and Identify Each as an Asset

Essay

Consider the following accounts and identify each as an asset (A),liability (L),or equity (E).
$$\begin{array} { | l | l | } \hline \text { Smith, Capital } &\quad\quad\quad\quad\quad \\\hline \text { Unearned Revenue } & \\\hline \text { Building } & \\\hline \text { Interest Revenue } & \\\hline \text { Prepaid Advertising } & \\\hline\end{array}$$