Question: Requirement 1. Identify each amount shown as an asset, liability, revenue, or expense. Rent expense Cash Office supplies Salaries expense Salaries payable Property tax expense
Requirement 1. Identify each amount shown as an asset, liability, revenue, or expense. Rent expense Cash Office supplies Salaries expense Salaries payable Property tax expense Equipment Office furniture Utilities expense Accounts payable Note payable Service revenue Accounts receivable Supplies expense Asset Expense Liability Liability Revenue Asset Expense
Requirement 1. Identify each amount shown as an asset, liability, revenue, or expense
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