Test VII Classify the Account

Classify each of the following as element of the accounting equation using the following abbreviations:
A = Assets; L = Liabilities; OE = Owner's Equity; R = Revenue; E = Expenses
Example:    R     Income (form services). answer - Revenue

_____ 1. Accounts Receivable               _____ 11. Supplies
_____ 2. Capital                                           _____ 12. Accounts Payable
_____ 3. Salaries Payable                        _____ 13. Drawing
_____ 4. Prepaid Rent                              _____ 14. Building
_____ 5. Cash                                               _____ 15. Notes Payable
_____ 6. Equipment                                  _____ 16. Interest Payable
_____ 7. Unearned Revenue                 _____ 17. Taxes Payable
_____ 8. Land                                              _____ 18. Rent Income
_____ 9. Rent Expense                            _____ 19. Telephone Bills
_____10. Salaries Expense                    _____ 20. Interest Receivable