7 points For each of the following accounts indicate the normal balance and if the account is tempor Normal Balance (Debitor Credit) Temporary or Permanent 1. Rent expense. 2. Accounts receivable. 3. Service revenue. 4. Common stock 5. Dividends. 6. Prepaid insurance. 7. Retained earnings. 10 points V. The following lettered items represent a classification scheme for a balance sheet, and the represent accounts found on balance sheets. In the blank next to each account, write the letter in category it belongs. A. Current assets E. Current liabilities B. Long-term investments F. Long-term liabilities C. Property, plant, and equipment G. Stockholders' equity D. Intangible assets H. Not on the balance sheet 1. Accumulated Depreciation 2. Retained Earnings 6. Inventory 7. Patents 8. Prepaid Rent 9. Mortgage Payable 10. Land Held for Investment 3. Interest Expense 4. Salaries and Wages Payable 5. Dividends