Identify each of the following accounts of Shakti Yoga Co. as an asset, liability, stockholders equity, revenue,
Question:
Identify each of the following accounts of Shakti Yoga Co. as an asset, liability, stockholders’ equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit.
a. Accounts Payable
b. Accounts Receivable
c. Common Stock
d. Cash
e. Dividends
f. Fees Earned
g. Office Equipment
h. Rent Expense
i. Supplies
j. Wages Expense
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Asset Liability Stockholders equity Revenue Expense Accounts Rec...View the full answer
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I believe in developing logic behind everything we learn and teach. I have taught Mathematics to students from Class 5 to Class 10 during my graduation college days. Teaching them, revising syllabus before exam, taking tests and answer sheet checking are the main activities I took care of. Apart from this, I have also taught Final Accounts topic during my junior college days. After completing MBA and joining Finance industry, I took 2 guest lectures on how to perform during interview for the profiles related to Capital Markets, Investment Banking and its operations, Fund Accounting and reconciliation. This has given me a good understanding about student's need, what we deliver and how we deliver.
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