Register
Classifying assets liabilities and owners equity 1. Cash 2. Alice Jones, Capital 3. Prepaid insurance 4. Steward supply company (a creditor) 5. Supplies 6. Any amount owed 7. Owners capitol account 8.
112k views
24 votes
Classifying assets liabilities and owners equity

1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned

User George Koller
by
7.0k points

1 Answer

8 votes
Assets - cash, prepaid insurance, supplies, anything owned

Liability - steward supply company, any amount owed,

Owners equity - Alice Jones, owners capital account
User Patrick Leitermann
by
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.7m questions

10.4m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!