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1. Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following: (a) In the first column, indicate the nature

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1. Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following: (a) In the first column, indicate the nature of each account, using the following abbreviations: Asset - A Liability Stockholders' Equity SE Revenue - R Expenses E (b) In the second column, indicate the increase side of each account by inserting Dr. or Cr (c) In the third column indicate if it would appear on the Income Statement (IS), Balance Sheet(BS) or Statement of Stockholders' Equity (SE) Increase Side Financial Statement Type of Account E Dr or Account (1) Supplies Expense (2) Sales (3) Accounts Payable (4) Prepaid Insurance (5) Cash (6) Land (7) Salary Expense (8) Depreciation Expense (9) Supplies (10) Common Stock (11) Fees Eamed (12) Rent Revenue (13) Equipment (14) Unearned Rent (15) Bonds Payable (16) Dividends (17) Interest Expense (18) Accounts Receivable (19) Selling Expense (20) Notes Receivable A D

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