5. Cost Classification (21 points) For the following accounts, determine if the normal balance is a debit or a credit and indicate the location on the financial statements from the choices provided. You can use the letters more than once or not at all. Choice of location: A. current asset F paid-in capital B. property, plant and equipment G. retained earnings C. intangibles H revenue D. current liability L operating expense E long-term liability Not on statements Normal Balance Statement Balance Debit Example Accounts Receivable 1. Dividends Payable 2. Accumulated Depreciation Allowance for Doubtful 3. Accounts 4. Cash 5. Common Stock 6. Inventory 7. Prepaid Rent 8. Sales 9. Uneamed Revenues 10. Cost of Goods Sold II. Bonds Payable (Mature in 2023) Premium on Bonds Payable 12. (from part 10) 13. Paid in capital in excess of par 14. Treasury Stock Page Sheet Account Location Current asset