Question:

Under the Chart of Accounts what are the account types?

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For anyone that knows accounting well PLEASE HELP!! i need to know what account types these are...

1.prepaid insurance

2.accumulated depreciation-office equipment

3.accounts payable

4.depreciation expense-computer equipment

5.insurance expense

6.advertising expense

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1 ANSWERS


  1. 1) Asset

    2) Contra-Asset

    3) Liability

    4) Expense

    5) Expense

    6) Expense

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