Deters Duplicating Chart of Accounts Balance Sheet Accounts Assets 110 Cash 120 Accounts Receivable-J. Chin 130 Accounts Receivable-A. Karn 140 Supplies 150 Prepaid Insurance Liabilities Income Statement Accounts Revenue 410 Sales Expenses 510 Advertising Expense 520 Charitable Expense 530 Insurance Expense 540 Postage Expense 210 Accounts Payable-River Company 550 Rent Expense 220 Accounts Payable-Sharma Supply Owner's Equity 310 Kajal Chauhan, Capital 320 Kajal Chauhan, Drawing Two new accounts, Delivery Expense and Telephone Expense, are to be added to the chart of accounts prepared in step 2. Account number 560 should be assigned to Delivery Expense. Account number 535 should be assigned to Telephone Expense.

Two new accounts, Delivery Expense and Telephone Expense, are to be added to the chart of accounts prepared in step 2, Account number should be assigned to Detivery Expense. Account number should be assigned to Telephone Expense