Classifying Accounts Balances for each of the following accounts appear In an adjusted trial balance. Identify each as an asset, fliability, revenue, or expens 1. Accounts Receivable Expense X Asset v Liability > 2. Equipment 3. Fees Earned 4. Insurance Expense Expense Expense Revenue X Asset X Asset X Liability v Asset v Liability X Liability 5. Prepaid Advertising 6. Prepaid Rent 7. Rent Revenue 8. Salary Expense 9. Salary Payable 10. Supplies 11. Supplies Expense 12. Unearned Rent he business that are used in generating revenue labitiss are obligations owed revenue ia the value of producte and services Ausets no herns ond by PO around n sold, and expenses are assets consumed or services used aro nerns our ed by All work saved. 5 6 8 9 0 3 0