Task 1 The following is a list of accounts' balance for Shannon Management Company for November 2022: Items Shannon, Capital Cash Accounts Receivable Equipment Building Shannon, Withdrawals RM 50,000 35,000 15,000 60,000 150,000 2,500 Service Revenue 75,000 Prepaid Rent 4,300 Advertising Expense 3,000 Unearned Service Revenue 5,700 Interest Payable 5,000 Accounts Payable 12,000 Prepaid Insurance 2,400 Utilities Expense 1,800 Depreciation Expense - Equipment Depreciation Expense-Building 1,200 3,000 Required: 1) Identify the type of account for each of the accounts' balance above either: (Notes: Use drop-down menu provided in the Excel sheet for Task 1) i) Asset, liability, or owner's equity, and determine its normal balance whether debit or credit; ii) Decide whether each of the account will be reported in income statement, statement of owner's equity, or balance sheet. 2) Determine the total amounts for each of the following: (Notes: Use "formula function" to compute the total amount of each type of account) i) Assets ii) Liabilities ii) Owners' equity