Identify cost of sales service revenue wages expense owner w

Identify cost of sales, service revenue, wages expense, owner withdrawal, rent expense, rental expense, insurance expense, and consulting revenue as revenues, expenses, or withdrawals.

the following table shows the identification:

note: rental expnse (as typed in question) will be expense.

Rental revenue (assuming a typo in question, as rent expense is already given) will be revenue.

Item	Identifited as:
1. Cost of sales	Expenses
2. Service revenue	Revenue
3. Wages expense	Expense
4. Owner withdrawal	Withdrawals
5. Rent expense	Expense
6. Rental revenue	Revenue
7. Insurance expense	Expense
8. Consulting revenue	Revenue

Identify cost of sales, service revenue, wages expense, owner withdrawal, rent expense, rental expense, insurance expense, and consulting revenue as revenues, e

Identify cost of sales service revenue wages expense owner w

Solution

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