Question

TESTI.
INSTRUCTION: Classify each of the following either as asset, Liability, Equity,
Revende or Expense. Write your answer on the space before each item.
1. Bad Debt Expense
2. Dividend Revenue
3. Common Stock
4. Land
5. Furniture and Fixtures
6. Accounts Payable
7. Retained Earnings
8. Mechandise Inventory
9. Accrued liabilities
10. Service Revenue
11. Oilily Expense
12. Bonds Payable
13. Salarios Expense
14. Interest Revenue
15. Notes Payable​

Answer 1

Answer:

Explanation:

bad debt - loss

dividend revenue - equity

common stock - equity

land - asset

furniture and fixtures - revenue

accounts payable - liability

retained earning  - equity

mechandise inventory - asset

accrued liabilities - liability

service revenue - revenue

oiliy expenses - expenses

bonds payable - liability

salaries expenses - expenses

interest revenue - revenue

notes payable - liability