Assets, Liabilities, equity, revenue, and expenses
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Last updated 6:03 PM on 2/4/25
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19 Terms
1
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Cash
Asset
2
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Accounts receivable
Asset
3
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Prepaid expenses
Asset
4
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Property
Asset
5
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Accounts payable
Liability
6
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Taxes payable
Liability
7
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Accrued expenses
Liability
8
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Deferred revenue
Liability
9
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Long term loan
Liability
10
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Cash earned
Revenue
11
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Cost of sales
Expense
12
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Interest expense
Expense
13
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Tax expense
expense
14
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operating expense
expense
15
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marketing expense
expense
16
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depreciation
expense
17
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Common stock
equity
18
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dividends
equity
19
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opening retained earnings
equity
Note 
Flashcards (87)