QUIZ 1 FABM2 2026

Cash

• Asset

• Liability

• Capital

Accounts Payable

• Asset

• Liability

• Capital

• Expense

Accounts Receivable

• Liability

• Expense

• Asset

• Revenue

Utilities Expense

• Asset

• Expense

• Revenue

• Liability

Interest Income

• Asset

• Liability

• Expense

• Revenue

Notes Receivable

• Liability

• Expense

• Revenue

• Asset

Accrued Expenses

• Asset

• Expense

• Liability

• Revenue

Building

• Liability

• Expense

• Revenue

• Asset

Bonds Payable

• Asset-Current

• Liability-Current

• Asset-Non Current

• Liability-Non Current

Notes Payable

• Liability-Current

• Asset-Current

• Asset-Non current

• Liability-non current