Question: choose the correct answer #1:- Accounts Payable:- [_] Balance sheet and asset account [_] Balance sheet and liability account [_] Balance sheet and owners' equity

choose the correct answer

#1:- Accounts Payable:-

[_] Balance sheet and asset account

[_] Balance sheet and liability account

[_] Balance sheet and owners' equity account

[_] Income statement account

[_] Statement of retained earnings account

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#2:- Gain on sale of equipment:-

[_] Balance sheet and asset account

[_] Balance sheet and liability account

[_] Balance sheet and owners' equity account

[_] Income statement account

[_] Statement of retained earnings account

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#3:- Bad debt expense:-

[_] Balance sheet and asset account

[_] Balance sheet and liability account

[_] Balance sheet and owners' equity account

[_] Income statement account

[_] Statement of retained earnings account

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#4:- Inventory:-

[_] Balance sheet and asset account

[_] Balance sheet and liability account

[_] Balance sheet and owners' equity account

[_] Income statement account

[_] Statement of retained earnings account

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#5:- Bonds payable:-

[_] Balance sheet and asset account

[_] Balance sheet and liability account

[_] Balance sheet and owners' equity account

[_] Income statement account

[_] Statement of retained earnings account

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