RECAP - BOOKS OF PRIME ENTRY

Classify the following item according to appropriate account group:

MOTOR VEHICLE

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

SALES

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

RETURN INWARDS

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

PURCHASES

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

COMPUTER

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

SALARY

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

INTEREST RECEIVED

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

STATIONERY

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

CAPITAL

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses

Classify the following item according to appropriate account group:

CAR MAINTENANCE

• Asset

• Liability

• Owner Equity

• Revenue

• Expenses