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Selected accounts of Alkman Consulting, Inc., a financial services business, have the following balances at December 31, 2018, the end of its first year of operations. During the year, Lorraine Alkman, the only stockholder, bought $24,000 of stock in the business (Click the icon to view the selected accounts) Read the requirements Requirement 1. Identify each amount shown as an asset liability, revenue, or expense Office furniture Rant expense Asset Expense Utilities expense Cash Office supplies Accounts payable Salaries expense Note payable Service revenue Revenue Salaries payable Asset Property tax expense Accounts receivable Expense Equipment Supplies expense
Data table Office furniture. Utilities expense. Accounts payable Note payable Service revenue.. Accounts receivable. Supplies expense *** $ 30,000 Rent expense. 10,000 Cash. 3,300 Office supplies. 25,000 Salaries expense 139,500 Salaries payable. 12,500 Property tax expense 3,900 Equipment. Done Print $ - X 40,000 3,000 700 55,000 2,000 2,400 31,000 firs