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Match the account with the eight categories under financial statements. 1. Income 2. Expenses...

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Question

Accounting

Match the account with the eight categories under financial statements.

1. Income

2. Expenses - Cost of Sales

3. Expenses - Operating Expenses

4. Asset - Current Assets

5. Asset - Non Current Assets

6. Liability - Current Liabilities

7. Liability - Non Current Liabilities

8. Equity

Question:

1. Free Samples for Distribution

2. Cost of Goods Sold

3. Savings Account in Bank

4. Taxes Payable

5. Discounts Allowed to Customers

6. Delivery Expense

7. Warranty Receivables

8. Insurance Policy

9. Equipment Repairs

10. Travel Expenses

11. Cash

12. Salaries to Managerial Staff

13. Fees Payable

14. Insurance Commission Earned

15. Material Inventory 2

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