11. What is the normal balance in each of these accounts? (Use the following abbreviations to answer this question; D-Debit , C-Credit) 1...... ..Bank deposit 6. Cash 2-.. ..Accounts payable 7. .. Inventory 3. ..Capital 8. .. Prepaid insurance 4. ... Retained earnings 92 Bank loan 5. ...Accounts receivable 10- Sales revenue 12.Classify the items listed (1 to 5) under the following balance sheet headings: A- Assets L- Liabilities SE-Shareholders' Equity 1... ..........Cash 2- Capital 3 ...Equipment ..Accounts payable 5. Retained earnings -||- (15 p.) 1. The following accounts and balances were taken from the financial statements of r@ktas Inc. Prepare a classified balance sheet as of December 31,2018. Bank credit $ 40.000 Cash $ 15,000 Short-term investments $ 80.000 Inventory $ 75,000 Accounts payable $ 5.000 Capital ? Property& Equipment $ 120,000 Prepaid insurance $ 12,000 Retained earnings $ 43,000 r@ktas Inc. Balance Sheet at December 31, 2020 4