1. Balance sheet accounts
SI ACCT. 284

2. Directions:
State whether the account would be an asset, liability or stockholder’s equity account.
Example:
Cash – It would be an asset

3. Cash

4. Cash-Asset

5. Accounts Payable

6. Accounts Payable - Liability

7. Accounts Receivable

8. Accounts Receivable - Asset

9. Wages Payable

10. Wages Payable - Liability

11. Inventory

12. Inventory - Asset

13. Contributed Capital

14. Contributed Capital – Stockholder’s Equity

15. Retained Earnings

16. Retained Earnings – Stockholder’s Equity

17. Unearned Revenue

18. Unearned Revenue - Liability

19. Accrued Taxes

20. Accrued Taxes - Liability

21. PPE

22. PPE - Asset

23. Prepaid Expense

24. Prepaid Expense - Asset