Pls answer this

Pls answer this Worksheet on accounting equation Level Determine , if the following are Assets, Liabilities, Capital, Revenue from operations, Revenue, Expenses or none: a) Machinery (b) Purchases (c) Stock (d) Creditors •Capital f)Salary paid to a clerk (g) Sales (h) Furniture and (i) Rent paid

Dear Student,

Machinery:  Asset
Purchases: Expense
Stock: Asset
Creditors: Liability
Capital: Capital
Salary paid to clerk: Expense
Sales: Revenue from Operations
Furniture: Asset
Interest received: Revenue
Rent paid: Expense
 

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