II. Classify the following whether it is an Asset (A), Liability (4), Capital (C), Income (), or Expenses (E) by indicating on the first column provided the letter code. In the second column, indicate...

Extracted text: II. Classify the following whether it is an Asset (A), Liability (4), Capital (C), Income (), or Expenses (E) by indicating on the first column provided the letter code. In the second column, indicate whether is a debit (DR) or a credit (CR) CLASSIFICATION OF ACCOUNTING VALUES AND THEIR POSITIONS A. Item Classification DR/CR 1. Cash received 2. Insurance paid 3. Rental Collected 4. Furniture bought 5. Interest Paid 6. Rent paid 7. Owners Investment 8. Investment collected 9. Due from Customers 10. Advertisement Paid 11. Due to suppliers 12. Load from a bank 13. Owner's withdrawal 14. Salaries paid 15. Property mortgage B. Accounts 1. Accts Receivable 2. Notes Payable 3. Rental Revenue 4. Office Supplies 5. Samson Capital 6. Notes Receivable 7. Mortgage Payable 8. Samson Personal 9. Rent Expense 10. Commission Income | |