Requirement 1. Identify each amount shown as an asset, liability, revenue, or expense. Office furniture .. Utilities expense.. Accounts payable Note payable Service revenue. Accounts receivable... Supplies expense ... Asset Expense Liability Liability Revenue Asset Expense Rent expense .. Cash.. Office supplies Salaries expense Salaries payable... Property tax expense Equipment.

Requirement 1. Identify each amount shown as an asset, liability, revenue, or expense