Match Each of the Following Accounts with Its Proper Account

question 90

Multiple Choice

Match each of the following accounts with its proper account group from the groups listed below.
​
-Unearned Rent

• A)Assets
• B)Liabilities
• C)Owner's Equity
• D)Revenue
• E)Expenses

---

Definitions:

Single Rate

A fixed interest rate that remains constant throughout the term of the loan or investment.

Discount

A reduction applied to the regular price of goods or services, usually offered to encourage purchase or reward customers.

Series

A sequence of numbers or terms that follow a specific pattern.

Outstanding Balance

Outstanding balance refers to the amount of money that is still owed on a loan or credit account at any given time.