Exercise 1-6 Classifying accounts LO6Kate is having a difficult time differentiating all of the account names. "My head is spinning when all the accounts sound the same to me! Does unearned revenue belong on the income statement or the balance sheet?"Create a study sheet by categorizing all of the following accounts into a table with the following headings.Some accounts may be used more than once.Accounts PayableAccounts ReceivableAdvertising ExpenseInsurance ExpenseOwner's Capital, Ending Balan

Classify the following accounts under the types of Personal, Real, and Nominal accounts: Drawing A/c - Book Keeping and Accountancy | Shaalaa.com

T Accounts Guide