Question

9. Classify the following into Assets, Capital, Expenses/Losses
and Revenue/Gains under Accounting Equation Method
a Furniture Account
b. O/S Rent A/C
c. Bad debt Account
d. Interest Receivab les A/C
e. Rent received in advance
f. Prepaid salary Account
g. Capital Account
h. Bills Payable Account
i. Investment Account
j. Capital Account​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

a asset

b liability

c expenses/loses

d capital

e asset

f expense

g capital

h liability

i capital

j capital