Question one: (4 points) A: (2 Points) Required: In the following table, indicate by (1) whether cach of the following items would appear on the income statement (IS) owner's equity statement (OEL or balance sheet (55) IS OE Items 1. Supplies used 2. Services revenue 3. Rent payable 4. Prepaid insurance 5. Land 6. Loan to employees 7. Unearned revenue 8. Withdrawals B: 2 Points) Required: Using the following data, compute the net income or net loss for the month ended on March 31, 2008. Assets on March 1, 2008 Liabilities on March 1, 2008 212008 Capital on March 31, 2008 Additional investments by owner during March 2008 Withdrawals during March 2008 A. $3,000 B. $4,000 C. $5,000 D. $6,000 $40,000 30,000 15,000 2,000 1.000