Question: Question Identify if the account is a Asset, Liability, Equity, Expense or Income. Question 1 options: 12345 Depreciation in Building Value 12345 Profit to Business

Question

Identify if the account is a Asset, Liability, Equity, Expense or Income.

Question 1 options:

12345

Depreciation in Building Value

12345

Profit to Business

12345

Garage Machine

12345

Advertisement Payments

12345

Vehicle Repair Expenses

12345

Owner's Money (Capital) in Business

12345

Loan from Bank

12345

Loan Bonds Payable to People

12345

Money Receivable from a Person

12345

Unpaid Salary

12345

Property Taxes

12345

Prepaid Rent (Paid in Advance)

12345

Notes Payable

12345

Mortgage Loan on House

12345

Land for Business

12345

Commission Received

12345

Equity of Partner in Business

12345

Utilities Expenses

12345

Copyrights on a Lyrics

12345

Cash with Business

12345

Machine Parts

12345

Rent Received

12345

Revenue from Transactions

12345

Insurance Payments

12345

Salary to Employee

12345

Office Supplies

12345

Discount given to Customer

12345

Insurance Claim from Provider

12345

Equipment for Manufacturing

12345

Interest Payment

1.

Asset

2.

Liability

3.

Equity

4.

Expense

5.

Income

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