Types of Accounts For each of the following accounts, indicate whether it is a balance sheet (BS)

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Types of Accounts For each of the following accounts, indicate whether it is a balance sheet (BS) account or an income statement (IS) account.

_________ Prepaid Insurance _________ Sales Revenue _________ Income Taxes Payable _________ Accounts Receivable _________ Utilities Expense _________ Furniture and Fixtures _________ Retained Earnings AppendixLO1

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