Question 2 of 19 -73 III View Policies Current Attempt in Progress For each of the following determine if they are an asset, liability, shareholders' equity, revenue or expense account. Next fill in the blanks to identify the elements of the accounting equation. List of Accounts Account Type Common Shares Assets Accounts Payable Asset (contra) Shareholders' Equity Accounts Receivable Liability Revenue Prepaid Rent Expense Retained Earnings Wages Payable Sales Revenue Wages Expense Inventory Accumulated Depreciation, Buildings Accounting Equation