Corelli Company provides below a listing (in alphabetical order) of all the accounts it uses (far left column). For each line you are provided five choices of families of accounts to which the account listed on the left can be related.

Required

Indicate by a checkmark in the appropriate column to which account family or families each account is related. It should be noted that the accounts should be related to one column only (one ‘family’), because one account is only one part of a double entry.

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or Shareholders Liabilities evenues Expenses res equity Accumubted depreciaton Cost of goods sold Anishod nished products inventory Morchandise inventory Purchases of merchandisa Purchases of supplies Raw materiais inventory Legalor statutory reserves Retained eamings