Exercise 3 - Account Titles Classification

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

Date Performed: _____________________ Instructor’s Signature: ________

Date Checked: ________________________ Date Returned: ______________


Score: ____________

Directions: Identify whether the following account titles belong to Asset, Liabilities,
Owner’s Equity, Revenue or Expense. Write your answer on the space provided in each
number.

1. Cash on Hand __________________


2. Carreon, Capital __________________
3. Repair Service Revenue __________________
4. Withholding Tax Payable __________________
5. SSS Premium __________________
6. Philhealth Premium __________________
7. Accounts Receivable __________________
8. Accounts Payable __________________
9. Interest Payable __________________
10. Interest Income __________________
11. Carreon, Drawing __________________
12. Depreciation __________________
13. Utilities Expense __________________
14. Accrued Interest __________________
15. Computer __________________
16. Office Tables __________________
17. Unsold Merchandise __________________
18. Unused Supplies __________________
19. Used Envelopes __________________
20. Sales __________________
21. Transportation Expense __________________
22. Rubber Plantation __________________
23. Mortgage Payable __________________
24. Dental Fees Income __________________
25. Dental Supplies Used __________________
26. Banana Plantation __________________
27. Interest Expense __________________
28. Petty Cash Fund __________________
29. Bad Debts __________________
30. Notes Receivable __________________
31. Notes Payable __________________
32. Computer Laptop __________________
33. Gasoline and Oil __________________
34. Water Bill Paid __________________
35. Office Furniture __________________
36. Display Cabinets __________________
37. Air-conditioner __________________
38. Calculators __________________
39. Unused Ballpen __________________
40. Livestock Inventory __________________
41. Unpaid Utilities __________________
42. Pre-collected Income __________________
43. Prepaid Rent __________________
44. Philhealth Premium Payable __________________
45. SSS Premium Payable __________________
46. Professional Income __________________
47. Freight Out __________________
48. Laundry Equipment __________________
49. Consultancy Service Revenue __________________
50. Prepaid Insurance __________________
51. Unpaid Telephone Bill __________________
52. Taxes Paid __________________
53. Paid Electricity Consumption __________________
54. Office Equipment Repairs
and Maintenance __________________
55. Dental Equipment __________________
56. Dental Fees Income __________________
57. Finished Goods Inventory __________________
58. Land __________________
59. Bottling Plant __________________
60. Laundry Supplies __________________

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy