Answer:
(a) Retained earnings – EQUITY
(b) Sales – REVENUES
(c) Additional paid-in capital – EQUITY
(d) Inventory – ASSETS
(e) Depreciation – EXPENSES
(f) Loss on sale of equipment – EXPENSES
(g) Interest payable – LIABILITIES
(h) Dividends – EQUITY
(i) Gain on sale of investment– REVENUES
(j) Issuance of common stock – EQUITY
Explanation:
ASSETS - Inventory: A set of goods destined for sale in the main activity of the company
LIABILITIES - Interest payable: interests whose period has already expired and therefore is a debt
EQUITY - <em>Retained earnings:</em> positive results that the company has given a particular destination (for example, the purchase of a fixed asset, therefore they will not be distributed) - <em>Additional paid-in capital:</em> When issuing the shares, the shareholders pay more than the nominal value of the share. In this account, this additional value is placed - <em>Dividends:</em> earnings reserved for distribution among shareholders - <em>Issuance of common stock:</em> nominal value of shares when issued
REVENUES - <em>Sales:</em> income obtained from the main activity of the company - <em>Gain on sale of investment:</em> results obtained by investments that the company has
.
EXPENSES - <em>Depreciation:</em> Represents the wear and tear of the use of fixed assets over time - <em>Loss on sale of equipment:</em> When a fixed asset is sold and its net book value (historical cost - accumulated depreciation) is lower than that obtained by its sale, the loss for this operation is placed in this account