Topic 1 (Task 1.1 1.4)

Task 1.1 Determine whether each of the following items is a(n) (Accounts):

Asset Liability Revenue Expense Owners equity Other

a) Cash Your answer a)__________________

b) Dividend to shareholders Your answer b)__________________

c) Land Your answer c)__________________

d) Accounts payable Your answer d)__________________

e) Capital stock Your answer e)__________________

f) Notes payable Your answer f)__________________

g) Accounts receivable Your answer g)__________________

h) Salaries Your answer h)__________________