Question

19. Classify the following into asset, liability, capital, expense/losses and revenue /
gain accounts
(a) capital a/c (b) cash a/c (c) carriage a/c (d) drawings a/c (e) building a/c
(f) o/s rent a/c (g) purchases a/c (h) sales returns a/c (i) computer a/c
(1) salary a/c (k) prepaid insurance a/c (1) investment a/c.​

Answer 1

Explanation:

analytical petty cash book