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2 Question 1. What is the Account Type for each account? Also indicate if the account is used in buyer, seller, or both 3

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2 Question 1. What is the Account Type for each account? Also indicate if the account is used in buyer, seller, or both 3 types of entries by placing an X in the appropriate column. 5 Account Name 6 Delivery Expense 7 Accounts Receivable 8 Sales Returns & Allowances Accounts Payable 0 Cost of Goods Sold 1 Sales 2 Cash 3 Inventory Account Type Used by Buyer Used by Seller Points Available: 8 Points Earned:

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