The Bonita Vista Golf & Country Club details the following accounts in its financial statements. Accounts payable

Question:

The Bonita Vista Golf & Country Club details the following accounts in its financial statements.
Accounts payable ..................................... _____
Accounts receivable .................................. _____
Equipment ............................................. _____
Sales revenue .......................................... _____
Service revenue ....................................... _____
Inventory .............................................. _____
Mortgage payable .................................... _____
Supplies expense ..................................... _____
Rent expense ......................................... _____
Salaries and wages expense ........................ _____
Instructions
Classify each of the above accounts as an asset (A), liability (L), stockholders' equity (SE), revenue (R), or expense (E) item.
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Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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