Outdoor Leadership School is a newly organized business that teaches people how to inspire and influence others. The list of accounts to be opened in the general ledger is as follows:
Accounts Payable ....................... Miscellaneous Expense
Accounts Receivable .................... Prepaid Insurance
Cash ........................................ Rent Expense
Equipment ................................. Supplies
Fees Earned ................................ Supplies Expense
Lorri Ross, Capital ........................... Unearned Rent
Lorri Ross, Drawing ....................... Wages Expense
List the accounts in the order in which they should appear in the ledger of Outdoor Leadership School and assign account numbers. Each account number is to have two digits: the first digit is to indicate the major classification (1 for assets, for example), and the second digit is to identify the specific account within each major classification (11 for Cash, for example).