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leyPLUS Sup The following items and amounts were taken from Novak Corp's 2017 income statement and balance sheet. Career rchase Course aterials orary Resources Cash

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leyPLUS Sup The following items and amounts were taken from Novak Corp's 2017 income statement and balance sheet. Career rchase Course aterials orary Resources Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accounts receivable Sales revenue Notes payable Accounts payable Service revenue Interest expense $ 84,800 122,900 437,300 115,700 7,800 65,000 89,300 580,500 6,500 52,100 4,900 1,860 In each case, identify whether the item is an asset, liability, stockholders' equity, revenue, or expense item. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory Accounts receivable Sales revenue

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