Accounting 200 -- Chart of accounts- Questions & Answers 100% Correct| Newest Update 2025

Accounting 200 -- Chart of accounts- Questions &
Answers 100% Correct| Newest Update 2025

List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



PREPAID RENT - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.


LAND - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.


EQUIPMENT - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



ACCUMULATED DEPRECIATION -- EQUIPMENT - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.

, BUILDINGS - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



ACCUMULATED DEPRECIATION -- BUILDINGS - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



COPYRIGHT - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



GOODWILL - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



PATENT - ✔✔ASSETS


List whether the following is assets, liabilities, stockholder's equity, revenues, or
expenses.



NOTES PAYABLE - ✔✔LIABILITIES