Identify each of the following as an asset, a liability, a revenue, an expense, or a net asset (unrestricted, temporarily restricted, or permanently restricted):

1.The land on which the nonprofit is located and which it owns

2.Salaries owed to employees

3.A $100,000 grant to be paid next year for a specific purpose by a foundation

4.Government bonds owned by the nonprofit

5.Prepaid insurance expenses

6.A fifteen-year mortgage on the organization's building

7.Salaries paid to employees

8.Supplies in the closet

9.A bill from staples

10.Money owed to the nonprofit but not yet paid