Q1. The form of business organization that enables limited owner Laibility is: A sole proprietorship B. Partnership c Business entity D. Corporation Q2. Classify the below given items according to their financial Statements(3pts) A. Income B. Statement of changes in Equity C. Balance sheet For Ex: Equipment: Balance sheet A. Supplies B.Utilities Expense c Notes Payable D. Account Receivable E Withdrawals F. Profit Rent Revenue Q3. Categorize the Accounts into Current assets, Non-Current Assets, Current Labilities, Non-Current Liabilities, Revenues and Expense (3pts) 1. Rent Expense- 2. Notes Payable- 3. Machinery 4. John, Capital $. Inventory 6. Salaries Payable- 7. Consultation fee Revenue- Q4. Identify whether a debit or credit entry would be made to record the indicated change in each of the following accounts: (3pts) Ex. To Increase Rent Revenue: Credit A. To increase Notes Payable B. To decrease Account Receivable c. To increase Store Equipment D. To Increase Supplies Expense E To decrease Cash F. To increase Revenue