1. Which of the following is a real (permanent) account? A. Goodwill B. Service Revenue C. Accounts Receivable D. Both Goodwill and Accounts Receivable 2. Which of the following is a nominal (temporary) account? A. Retained Earnings B. Unearned Service Revenue C. Salaries and Wages Expense D. Inventory 3. Indicate whether each of the following items is a real or nominal account and whether it appears in the balance sheet or the income statement. a. Prepaid Rent b. Salaries and Wages Payable. c. Inventory d. Accumulated Depreciation-Equipment. e. Equipment. f. Service Revenue. 8. Salaries and Wages Expense. h. Supplies 4. Great Kids Inc, makes adjusting entries at the end of every month. On June 1, 2010, the firm paid $2,400 to renew a 12-month insurance policy for the next year starting from June 1, 2010. Make necessary journal entries related to the insurance policy. What journal entry should be made on June 1, 2010? What Journal entry should be made on June 30, 2010