APA 2111 - Chapter 1Online version Matching terms and concepts by Professor Smith 1 Liabilities 2 Equity 3 Revenue 4 Expense 5 Assets Accounts Payable Taxes Payable Notes Payable Salaries Payable John Doe, Capital John Doe, Drawing Fees Income Sales Service Income Delivery Income Utilities Telephone Rent Expense Salaries Expense Supplies Expense Automobile Expense Cash Prepaid Rent Automobile Accounts Receivable Supplies Inventory Furniture Building