The following are some of the costs incurred by Cupcake Company. Identify them as either: Frosting Depreciation expense-office Factory rent 1. Prime costs > Sprinkles for decoration (indirect material) 2. Conversion costs Baker's wages 3. Both prime and conversion costs 4. Neither prime or conversion costs Depreciation expense-factory Salesman commissions Match the account name with the type of account: Asset, Liability, Equity, Revenue or Expense 1 Cash 1. Assets 1 Land 2. Liabilities Notes Payable 2 v 3. Equity 4. Revenues 3 Drawing/Dividends 5. Expenses 3 Supplies Inventory Page 1 of 5