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Use the following information to answer questions 1-10 For each item, determine the type of account (Asset, Uability, Stockholder's Equity, Dividends, Revenue or Expense) and

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Use the following information to answer questions 1-10 For each item, determine the type of account (Asset, Uability, Stockholder's Equity, Dividends, Revenue or Expense) and the type of activity (Operating. Investing or Financine). When answering the question, input ONLY the first letter, for example: if the answer was Liability input Las the answer. Item Type of Account A, L, SE, D, Ror E Type of Activity OLE Cost of electricity 1 2. Interest earned on investments 3 4. Cash paid to stockholders 5. 6 8 7. Acquisition of equipment for the business 10. Amount owed to bank 9

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