Mark each of the accounts listed in the following table as follows:
a. In column (1), indicate in which statement€”income statement (IS) or balance sheet (BS)€”the account belongs.
b. In column (2), indicate whether the account is a current asset (CA), current liability (CL), expense (E), fixed asset (FA), long-term debt (LTD), revenue (R), or stockholders€™ equity(SE).

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Account name Statement Type of account Accounts payable Accounts receivable Accruals Accumulated depreciation Buildings Cash Common stock (at par) Cost of goods sold Depreciation Equipment General expense Interest expense Inventones Land Long-term debts Machinery Marketable securities Notes payable Operating expense Paid-in capital in excess of par Preferred stock Preferred stock dividends Retained earnings Sales revenue Selling expense Taxes Vehicles