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Select between asset, liability, equity, expense, gain, loss, or revenue for each. Additional Problem 1 For each item that follows, indicate which element of the

Select between asset, liability, equity, expense, gain, loss, or revenue for each.

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Additional Problem 1 For each item that follows, indicate which element of the financial statements it belongs to: Financial Statements Element (a) Accounts receivable (b) Gain on sale of land (c) Income tax expense (d) Accumulated depreciation (e) Bonds payable (f ) Interest income (g) Preferred shares (h) Rent paid Salaries payable (j) Cash (k) Bank loan payable

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