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Question Five (6%) Identify each of the following accounts as a revenue, expense, asset, liability, or equity by placing initials (R, E, A, L or

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Question Five (6%) Identify each of the following accounts as a revenue, expense, asset, liability, or equity by placing initials (R, E, A, L or E) in the blanks. E (1) Rent Expense R(2) Cash A. (3) Equipment E (4) Owner, Capital R (5) Revenue R Accounts Receivable L (7) Accounts Payable (8) Owner, Withdrawals A Supplies L (10) Unearned Revenue A (11) Prepaid Insurance h (12) Sales Question Six (5%) The following accounts appear on either the Income Statement (IS) or Balance Sheet (BS). In the space provided next to each account write the letters, IS or BS, that identify the statement on which the account appears. A BS_(1) Office Equipment Os (2) Salaries Expense 6 _(3) Uncarned Revenue BS_(4) Rent Expense B3 (5) Accounts Payable BS_(6) Owner, Capital E R 757) Revenue RAVIS (8) Cash B5 (9) Notes Receivable B. (10) Wages Payable page 4 Didonut

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