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Consider the following accounts and identify each as an asset (A), liability (L), or equity (E). 1. Rent Expense 2. Common Stock 3. Furniture

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Consider the following accounts and identify each as an asset (A), liability (L), or equity (E). 1. Rent Expense 2. Common Stock 3. Furniture 4. Service Revenue 5. Prepaid Insurance i 6. Accounts Payable 7. Unearned Revenue 8. Notes Receivable 9. Dividends 10. Insurance Expense

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