Exercise $1-6$A $($Static$)$ Account titles and the accounting equation LO $1-3$

The following account titles were drawn from Food Supplies, Incorporated $($HFSI$)$: Computers, Operating Expenses, Rent Reven$$

Building, Cash, Land, Trucks, Gasoline Expense, Retained Earnings, Supplies, Accounts Payable, Office Furniture, Salaries Expen

Common Stock, Service Revenue, Dividends.

Required:

a$.$ List each account title under the element of the accounting equation to which it belongs.

b$.$ Will all businesses have the same number of accounts?

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Required A

List each account title under the element of the accounting equation to which it belongs.