Balances for each of the following accounts appear in an adjusted trial balance. Identify each as11/7/2015
Balances for each of the following accounts appear in an adjusted trial balance. Identify each as
(a) Asset, (b) Liability, (c) Revenue, or (d) Expense. 1. Accounts Payable 2. Equipment 3. Fees Earned 4. Insurance Expense 5. Prepaid Advertising 6. Prepaid Insurance 7. Rent Revenue 8. Salary Expense 9. Salary Payable 10. Supplies 11. Supplies Expense 12. Unearned Rent
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