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Selected accounts of Aikman Consulting, Inc., a financial services business, have the following balances at December 31, 2018, the end of its first year of

Selected accounts of Aikman Consulting, Inc., a financial services business, have the following balances at December 31, 2018, the end of its first year of operations During the year, Lorraine Alkman, the only stockholder, bought $24,000 of stock in the business (Click the icon to view the selected accounts) Read the requirements 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 Rant expense Expense Cash Liability Office supplies Liability Salaries expense Revenue Salaries payable Asset Property tax expense Expense Equipment Data table Office furniture. Utilities expense. Accounts payable Note payable $ 30,000 Rent expense 10,000 Cash 3,300 Office supplies 25,000 Salaries expense $ 40,000 3,000 700 55,000 139,500 Salaries payable.. 2,000 Accounts receivable. 12,500 Property tax expense..... 2,400 Supplies expense 3,900 Equipment. 31,000 Service revenue. Print Done - firs

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