Tootsie Roll Industries manufactures and sells more than 64 million Tootsie Rolls each day. The following items were listed on Tootsie Roll's recent income statement and balance sheet. Required: For each item, select (1) the type of account and (2) whether it is reported on the income statement or balance sheet. Account 1. Accounts Receivable 2. Office Expense 3. Cash 4. Equipment Account Type Asset Asset Statement < Prev 1 of 9 Score answer > Account Account Type Statement 1. Accounts Receivable Asset 2. Office Expense 3. Cash Asset 4. Equipment 5. Advertising Expense 6. Sales Revenue 7. Notes Payable 8. Retained Earnings 9. Accounts Payable