PARTCORP Account Classification

Loan Payable

• Asset

• Liabilities

• Equity

• Debit

• Credit

Unearned Revenue

• Asset

• Liabilities

• Equity

• Debit

• Credit

Prepaid Expense

• Asset

• Liabilities

• Expense

• Debit

• Credit

Telephone Expense

• Asset

• Liabilities

• Expense

• Debit

• Credit

Marketable Securities

• Asset

• Liabilities

• Expense

• Debit

• Credit

Marketable Securities

• Asset

• Liabilities

• Expense

• Debit

• Credit

Accrued Expense

• Asset

• Liabilities

• Expense

• Debit

• Credit

Sales

• Revenue

• Liabilities

• Expense

• Debit

• Credit

Accumulated Depreciation

• Asset

• Liabilities

• Revenue

• Debit

• Credit

Taxes and Licenses

• Asset

• Expenses

• Revenue

• Debit

• Credit