Given below are the account titles used by the bookkeeper at Sean Services Incorporated. Classify each accounting title using the chart of accounts template of Sean Services Incorporated

CASE 1: CLASSIFICATION OF ACCOUNTS Given below are the account titles used by the bookkeeper at Sean Services Incorporated: ACCOUNT TITLES Accounts payable Furnitures and fixtures Sean, capital Accounts receivable Repairs and maintenance Supplies used Office equipment Representation expense Sean, personal Cash in bank Land Professional fee Supplies unused Tax Machinery Vehicles Prepaid expenses Depreciation Long-term borrowings Mortgages Insurance expense Accumulated depreciation Salary Unearned revenue Bad debts Miscellaneous income Business tax payable Service income Inventories Buildings Classify each accounting title by using the Chart of Accounts template of Sean Services Incorporated shown on the next slide: SEAN SERVICES Chart of Accounts Assets Liabilities Proprietorship Revenue Expenses