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PDtax, Master's Degree
Category: Business and Finance Homework
Satisfied Customers: 4677
Experience:  MBA/CPA, Former college instructor and tutor.
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My name is ***** *****. I am trying to figure out my

Customer Question

Hi, my name is ***** *****. I am trying to figure out my accounting assignment
JA: Thanks. Can you give me any more details about your issue?
Customer: I forgot where the prepare insurance, unearned fees, common stock, dividends, service revenue, salaries expense, rent expense go on a trial balance
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Submitted: 1 year ago.
Category: Business and Finance Homework
Expert:  PDtax replied 1 year ago.

Hi from Just Answer. I'm PDtax. I'll assist.

Expert:  PDtax replied 1 year 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.