For each of the following accounts, identify whether it would appear on the balance sheet or the income statement. 1. Accounts Payable: [ Select] 2. Revenues: [Select ] 3. Supplies: [ Select] 4. Unearned Revenue: [ Select ] 5. Accounts Receivable: [Select] 6. Prepaid Rent: [Select] 7. Cost of Goods Sold: [Select] 8. Property, Plant, and Equipment: [Select] 9. Rent Expense: [Select] 10. Cash: [Select] For each of the following accounts, identify whether it would appear have a debit or credit balance (hint: having a debit balance means that it would increase with a debit) 1. Utilities Expense: [ Select] 2. Inventory: [Select] 3. Sales: [Select] 4. Notes Payable: [Select ] > 5. Dividends: [Select ] 6. Contributed Capital: [Select] 7. Accumulated Depreciation: [Select] 8. Cost of Goods Sold: [Select ] 9. Equipment: [Select] Assume that you are using the accrual accounting system. For the following situations, should you recognize the revenue today? 1. Receiving an order for goods to be delivered at a future date [ Select] 2. The sale of tickets (and receipt of cash) by the Philadelphia 76ers in September for a game that will be played in December. [ Select ] For the following situations, should you recognize the expense today? 3. Purchase of inventory, using cash, to be sold next month. [Select] 4. Payment of rent for the next year, starting at the beginning of next month. [Select]