10 Not yet answered Points out of 2.5 Flag question Time left 1:56:58 Given the following selected items from the Atlantic Company income statement and balance sheet: Insurance Expense Accounts Payable Wages Payable Retained Earnings Sales Revenue Accounts Receivable Common Stock . Depreciation Expense Machinery Accumulated Depreciation Unearned Revenue Prepaid Expenses Notes Payable Interest Revenue Land Rent Expense How many of the accounts listed are included in the Asset section of the balance sheet? Select one: O a. 4 O b.5 O c. 6 O d. 7 O e. 8 Question 11 Not yet answered Points out of 2:5 Flag question Which transaction would result in a decrease in total equity and an increase in liabilities? Select one: O a. Accrual of an expense Ob. Payment of a liability O c. Receipt of cash for services performed earlier ha nadermad Istar