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5. What is the Accounting Equation? (Write it out) Put each'the following accounts in the proper category: Accounts Receivable, Deferred Revenue, Depreciation Expense 6. The

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5. What is the Accounting Equation? (Write it out) Put each'the following accounts in the proper category: Accounts Receivable, Deferred Revenue, Depreciation Expense 6. The following amounts are reported in the ledger of Witham Franchise: What is the balance in the Common Stock account? SHOW WORK A. $37,000 B. $66,000 C. $27,000 D. $49,000

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