Listed below are a number of accounts. Identify the asset and non asset accounts. Accounts 1. Land 2. Common stock 3. Merchandise inventory 4. LO 5. Equipment Cost of goods sold 9 6. Accounts receivable 7. Interest expense 8. Supplies 9. Long-term debt 10. Cash 11. Sales 12. Accounts payable 13. Buildings 14. Retained earnings Asset or Nonasset