Accounting 1

Type of Account

100

Cash

What is an asset

200

Accounts Payable

What is a liability

300

Services Earned

What is a revenue account

400

Unearned Revenue

What is a liability account

500

Allowance for Doubtful Accounts

What is a contra-asset account

Financial Statements

100

Cash

What is the Balance Sheet or Statement of Cash Flows

200

Telephone Expense

What is the Income Statement

300

Mortgage Payable

What is the Balance Sheet

400

Dividends

What is Statement of Retained Earnings

500

Accumulated Depreciation

What is the Balance Sheet