Matching Accounts Flashcards

(41 cards)

1
Q

Cash

A

Current Asset [Balance Sheet]

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2
Q

Interest Expense

A

Expense [Income Statement]

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3
Q

Sales Returns

A

Contra-Revenue [Income Statement]

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4
Q

Wages Payable

A

Current Liability [Balance Sheet]

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5
Q

Taxes Payable

A

Current Liability [Balance Sheet]

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6
Q

Marketable Securities

A

Current Asset [Balance Sheet]

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7
Q

Mortgage Payable

A

Long Term Liability [Balance Sheet]

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8
Q

Common Stock Paid in Capital

A

Equity [Balance Sheet]

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9
Q

Rent Expense

A

Expense [Income Statement]

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10
Q

Deferred Revenues

A

Current Liability [Balance Sheet]

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11
Q

Interest Payable

A

Current Liability [Balance Sheet]

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12
Q

Discounts on Bonds Payable

A

Contra-Liability (Long Term) [Balance Sheet]

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13
Q

Common Stock at Par Value

A

Equity [Balance Sheet]

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14
Q

Pre-paid Expenses

A

Current Asset [Balance Sheet]

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15
Q

Allowance for Doubtful Accounts

A

Current Contra-Asset [Balance Sheet]

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16
Q

Retained Earnings

A

Equity [Balance Sheet]

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17
Q

Land

A

Long Term Asset [Balance Sheet]

18
Q

Bonds Payable

A

Long Term Liability [Balance Sheet]

19
Q

Treasury Stock

A

Contra-Equity [Balance Sheet]

20
Q

Sales

A

Revenue [Income Statement]

21
Q

Premium Bonds Payable

A

Long Term Liability [Balance Sheet]

22
Q

Dividends Payable (Declared)

A

Current Liability [Balance Sheet]

23
Q

Bad Debt Expense

A

Expense [Income Statement]

24
Q

Salaries Expense

A

Expense [Income Statement]

25
Building and Equipment
Long Term Asset [Balance Sheet]
26
Current Portion of Mortgage Payment
Current Liability [Balance Sheet]
27
Cost of Goods Sold
Expense [Income Statement]
28
Sales Discounts
Contra-Revenue [Income Statement]
29
Inventory
Current Asset [Balance Sheet]
30
Goodwill
Asset intangible [Balance Sheet]
31
Depreciation Expense
Expense [Income Statement]
32
Current Portion of Bonds Payable
Current Liability [Balance Sheet]
33
Utilities Expense
Expense [Income Statement]
34
Interest Revenues
Revenue [Income Statement]
35
Advertising Expense
Expense [Income Statement]
36
Accumulated Depreciation
Contra-Asset [Balance Sheet]
37
Accounts Payable
Current Liability [Balance Sheet]
38
Accounts Receivable
Current Asset [Balance Sheet]
39
Sales of any type
Revenue [Income Statement]
40
Income Tax Expense
Expense [Income Statement]
41
Notes Payable
Long Term Liability [Balance Sheet]