Group 1: ASSETS, Cash and Cash Equivalents, Accounts Receivables, Notes Receivables, Inventories, Prepaid Expenses, Supplies, Accrued Income, Short Term Investments, Property, Plant and Equipment, Long Term Investments, Intangible Assets, Group 2: LIABILITIES, Accounts Payable, Notes Payable, Accrued Expenses, Unearned Income, Mortgage Payable, Loan Payable, Interest Payable, Group 3: OWNER'S EQUITY, Rosario, Capital, Rosario, Drawing, Group 4: REVENUE or INCOME, Service Revenue or Service Income, Sales, Interest Income, Professional Fees, Group 5: EXPENSES, Cost of Goods Sold, Salaries or Wage expenses, Insurance Expenses, Depreciation Expense, Tax, Duties and Licenses Expenses, Bad Debts or Allowance for Doubtful AccountsExpense, Supplies Expense, Utilities Expense,

Classifying Accounts

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