A chart of accounts is a list of all ledger accounts and an identification number for...

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A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an Asset, Liability, Equity, Revenue, or Expense account. a. Rent Receivable b. Rent Revenue c. Repair Expense d. Salaries Expense e. Salaries Payable f. Sales g. Selling Expense h. Services Revenue i. Store Supplies A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an Asset, Liability, Equity, Revenue, or Expense account. a. Rent Receivable b. Rent Revenue c. Repair Expense d. Salaries Expense e. Salaries Payable f. Sales g. Selling Expense h. Services Revenue i. Store Supplies

Answer rating: 100% (QA)

Certainly heres the explanation for each account a Rent Receivable Asset Rent receivable represents the amount of rent that a company has earned but h... View the full answer