The following accounts are taken from a company's financial statements: 1. Rent expense 2. Service revenue 3.

Question:

The following accounts are taken from a company's financial statements:
1. Rent expense
2. Service revenue
3. Dividends
4. Interest revenue
5. Interest expense
6. whether each account is a revenue (R), expense (E), or neither (N).
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...