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16. Please place a checkmark in the column which indicates on which financial statement the listed account would reside (balance sheet or income statement). For

image text in transcribed 16. Please place a checkmark in the column which indicates on which financial statement the listed account would reside (balance sheet or income statement). For those accounts belonging to the balance sheet also note if they are assets, liablity or equity accounts. Check One CHART OF ACCOUNTS Balance Sheet Income Statement Type of Account Bonds Payable Rental Income Collection Losses Investments Fund Equity Accrued Interest Payable - Notes & Bonds Sundry Expense Sales & Service Income Fixed Assets Interest Income Notes Payable Utilities Expense Prepaid Insurance Cash Salaries Expense Accounts Payable - Vendors Insurance Expense Accounts Receivale Accounts Payable - Salaries

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