Enter the number for the item that best completes each of the descriptions below.
1. Account
2. Three
3. Asset
4. Liability
5. Equity
a. Owner, capital and owner, withdrawals are examples of _____________ accounts.
b. Accounts payable, unearned revenue, and note payable are examples of _______ accounts.
c. Accounts receivable, prepaid accounts, supplies, and land are examples of ________ accounts.
d. Accounts are arranged into _______ general categories
e. An ____ is a record of increases and decreases in a specific asset, liability, equity, revenue, or expense item.