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-In Class Practice (CH 02) Consider the following accounts and identify each as an asset (A), liability (L), or equity (E) 1. Rent Expense

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-In Class Practice (CH 02) Consider the following accounts and identify each as an asset (A), liability (L), or equity (E) 1. Rent Expense E 6. Accounts Payable 2. Brock, Capital E 7. Unearned Revenue 3. Furniture A 8. Notes Receivable 4. Service Revenue E 9. Brock, Withdrawals 5. Prepaid Insurance A 10. Insurance Expense

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