Question: Classify the items below as A (Asset) L (Liability) Eq (Equity R (Revenue) Ex (Expenses) or I (Income) 1. Earnings Week to Date 2. Inventory
Classify the items below as A (Asset) L (Liability) Eq (Equity R (Revenue) Ex (Expenses) or I (Income) 1. Earnings Week to Date 2. Inventory 3. Sales 4. Note Payable 5. Operating Profit 6. Glass Rental that you pay to rent glass each month 7. Cash 8. Owner Investment 9. Gross Profit 10. Cost of Goods Sold 11. Loans Payable 12. Professional Services Fees (from customers)
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