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Please do these two pages Math and Accounting ReviewFall2017 rences Mailings Review View AaBbCcDdEe AaBbCcDdEe AaBbCcD Normal No Spacing Heading 1 Account Classification and Financial

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Math and Accounting ReviewFall2017 rences Mailings Review View AaBbCcDdEe AaBbCcDdEe AaBbCcD Normal No Spacing Heading 1 Account Classification and Financial Statements: Morgan Medical Equipment, Inc. reported the following account balances at the end of 2017 before closing the books: Type ofNormal AccountBalanceStatementts Financial A, L, SE, R,E Dr or r BS, IS, SE Salaries $156,000 $580,000 56,000 $318,000 Accounts Receivable Cost of Goods Sold Dividends Prepaid Insurance Store Equipment Supplies on Hand Accounts Payable Depreciation $2,800 $26,500 $4,800 $15,000 $5,500 $12,000 $12,000 $8,900 $18,500 Salaries Payable Supplies Used Vehicle Operation and Maintenance Vehicles Accumulated Depreciation Building Rent Inventory Retained earnings (beginning) Payroll Taxes Unearned Revenue 22,000 $10,000 $88,000 $120,600 $12,300 50,500 $40,000 Note Payable Common Stock 1. Indicate whether each account is an asset, liability, stockholder's equity, revenue, or expense and whether the normal balance would be a debit or credit. Then indicate whether the item would be presented on the balance sheet, income statement, or stockholder's equity statement. Some items may appear on more than one financial statement. US)

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