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Identify the Category(s)of Each of the Accounts Below

question 79

Essay

Identify the category(s)of each of the accounts below.
Current Asset
Plant and Equipment
Current Liabilities
Long-Term Liabilities
 Item  Category  0) Cash  Current Asset  a) Accts. Receivable  b) Accts. Payable  c) Mortgage Payable  d)Unearned Revenue  e)Accounts Receivable. \begin{array}{lc}\underline{\text { Item }}& \underline{\text { Category }}&\\{\text { 0) Cash }} & \text { Current Asset }&\underline{\quad\quad} \\\text { a) Accts. Receivable } & \underline{\quad\quad}&\underline{\quad\quad}\\\text { b) Accts. Payable } &\underline{\quad\quad}&\underline{\quad\quad} \\\text { c) Mortgage Payable } & \underline{\quad\quad}&\underline{\quad\quad} \\\text { d)Unearned Revenue } & \underline{\quad\quad}&\underline{\quad\quad}\\\text { e)Accounts Receivable. } & \underline{\quad\quad}&\underline{\quad\quad}\end{array}


Definitions:

Congress

The legislative branch of the United States federal government, consisting of two houses: the Senate and the House of Representatives.

Articles of Confederation

The original constitution of the United States, ratified in 1781, which was replaced by the U.S. Constitution in 1789 to form a stronger federal government.

Shays's Rebellion

A 1786-1787 uprising led by Daniel Shays and other Revolutionary War veterans in western Massachusetts, protesting against high taxes and economic injustices, which highlighted the need for a stronger national government.

National Defense

The protection and defense of a country against foreign threats and aggression, including policies and military actions designed to secure national sovereignty and safety.

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