A B D E F G . 1 J 1 Required: 2 Complete the table below. In the Financial Statement column, write Income Statement, Balance Sheet, or Nelther (for Dividends.) In the Element Column, write Asset, Liability, Revenue, Expense, Gain, Loss, or Dividend. 3 Also, for Asset and Liability accounts, indicate whether the account is normally in the Current or Long-Term section. Sometimes, an account may be a "contra" account which simply means to go against. 4 5 Account Financial Statement Element Meaning 6 Cash Balance Sheet (BS) Asset (current) Cash, bank accounts balances, coins. cas 7 Salaries Payable 8 Allowance for Doubtful Accounts Balance Sheet (BS) Contra Asset (current) 9 Land 40. 10 Service Revenue 11 Prepaid Rent 12 Accounts Payable 13 Notes Payable 14 Interest Expense ar 15 Preferred Stock 16 Depreciation Expense 17 Accumulated Depreciation 18 Supplies 19 Supplies Expense 20 Dividends 21 Dividends Payable -- 22 Inventory 23 Rent Expense 20 calor 24 Sales 25 Accounts Receivable 26 Prepaid Insurance 27 Retained Earnings 28 Note Receivable 29 Insurance Expense 30 Interest Receivable 31 Advertising Expense 32 Equipment 33 Common stock 34 Cost of Goods Sold 35 Salaries Expense A . 36 Interest Revenue 37 Treasury Stock 38 Interest Payable 39 Unearned Revenue 40 Building 41 Taxes Payable 42 Utilities Expense 43 Gain/(Loss) on Sale of Asset 44 Bad Debt Expense 45 Copyrights 46 Additional Paid in Capital 47 Goodwill 48 49 50 51 52 53 54