Shared Flashcard Set

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Chart of Accounts
Assets, Liabilities, and Equity
23
Accounting
Undergraduate 1
01/26/2011

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Cards

Term
CASH
Definition
asset
Term
ACCOUNTS RECEIVABLE
Definition
asset
Term
NOTES RECEIVABLE
Definition
asset
Term
INVENTORY
Definition
asset
Term
PREPAID INSURANCE
Definition
asset
Term
PREPAID ADVERTISING
Definition
asset
Term
PREPAID RENT
Definition
asset
Term
SHORT TERM MARKETABLE SECURITIES
Definition
asset
Term
INTEREST RECEIVABLE
Definition
asset
Term
LAND
Definition
asset
Term
EQUIPMENT
Definition
asset
Term
BUILDINGS
Definition
asset
Term
NATURAL RESOURCES
Definition
asset
Term
INTANGIBLE; goodwill, copyrights, trademarks
Definition
asset
Term
NOTES PAYABLE
Definition
liability
Term
ACCOUNTS PAYABLE
Definition
liability
Term
UNEARNED REVENUE
Definition
liability
Term
SALARIES PAYABLE
Definition
liability
Term
RENT PAYABLE
Definition
liability
Term
BONDS
Definition
liability
Term
COMMON STOCK
Definition
equity
Term
RETAINED EARNINGS
Definition
equity
Term
DIVIDENDS
Definition
equity
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