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Hi, my name is ***** *****. I am trying to figure out my accounting assignment

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I forgot where the prepare insurance, unearned fees, common stock, dividends, service revenue, salaries expense, rent expense go on a trial balance

Submitted: 2 years ago.Category: Business and Finance Homework
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2/1/2016
Business Tutor: PDtax, Master's Degree replied 2 years ago
PDtax
PDtax, Master's Degree
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Business Tutor: PDtax, Master's Degree replied 2 years ago

prepaid insurance is a current asset.

unearned fees is a current liability.

salaries expense is grouped with the operating expenses.

rent expense is also grouped with expenses, most often operating expenses.

Thanks for asking at Just Answer. A positive rating closes out the question and credits me with responding. I'm PDtax.

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