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Question (15 marks) State whether the following accounts would appear on an income statement, balance sheet, or statement of owner's equity, normal balance and whether

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Question (15 marks) State whether the following accounts would appear on an income statement, balance sheet, or statement of owner's equity, normal balance and whether it is a temporary or permanent account. Insert a tick (X) on the respective cell as your answer. The first account is given as an example. Statement Normal Temporary Income Balance Balance Account of Owner's (T) / Statement Sheet Equity Dr / Cr Permanent (P) Owner's withdrawals X Dr T Office equipment Service revenue Rent expense Accounts receivable Accounts payable Cash Owner's capital Depreciation expense Unearned service revenue Accumulated depreciation - equipment Office supplies Prepaid insurance Gain from sale of asset Loan payable Delivery expense

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