A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an asset (A), liability (L), equity (EQ), revenue (R), or expense (E) account.
a. Advertising Expense
b. Rent Revenue
c. Rent Receivable
d. Patents
e. Rent Payable
f. Furniture
g. Notes Payable
h. Owner, Capital
i. Utilities Expense
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Home » Business » A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an asset (A), liability (L), equity (EQ), revenue (R), or expense (E) account. a. Advertising Expense b.