1-6. Real and nominal accounts; account type. For each of the following, insert TWO answers. The first answer identifies the account type: asset (A), liability (L), equity (EQ), revenue (REV), or expense (EX). The second answer identifies the account as real (REAL) or nominal (N). 1. Inventory 2. Bonds payable 3. Common stock 6. Cost of goods sold 7. Supplies expense 8. Supplies on hand 4. Prepaid insurance 5. Sales 9. Wages payable 10. Mortgage payable