1. Identify each of the following useither internal or external use of accounting information Payroll Manager ni President's Secretary Raw Material Videos Social Security Administrat Health Insurance Provider Managerial Accountant Indicate whether each of the following represents an act lisbility of owner's equity Ka u nts payable wages expense counts receivable ke) withdrawal land 2. Identify each of the following as an (1) increase in owner's equity, or a (2) decrease in IR owner's equity Fees Earned Wesse Isi Withdrawal Lawn Care Revenu silnvestment Supplies lixpense 7. The accountant for Franklin Corporation prepared the following list of account balance from the company's records for the year ended December 31, 2011 $165.000 Cash Resale 14,000 Selling Expres 44,00 42,000 Common Steck 12 c ants Payable 12.00 rest Income Ilsalaries & Wiges Tense 40 O l of Sales 51.000 22,000 paid p es 2.000 e Taxes Payable 5.00 Income The Expend 18.000 Notes Payable Determine the Total Assets at the end of 2011 for Franklin Corp b. Determine the Total Liabilities at the end of 2011 for Franklin Carp