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Account classification financial statement

Question:

Label each of the following accounts as an asset (A), liability (L), owner's equity (OE), revenue (R), or expense (E). Indicate the financial statement on which the account belongs-income statement (IS), statement of owner's equity (SOE), or balance sheet (BS)-in a format similar to the following.

Account Classification Financial Statement
Cash
Rent Expense
Accounts Payable
Service Fees
Supplies
Wages Expense
Amanda Wong, Drawing
Amanda Wong, Capital
Prepaid Insurance
Accounts Receivable

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Accounting Basics: Account classification financial statement

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