1. Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or statement of owner's equity (OE): 1. Service Revenue 7. Accounts Receivable 2. Utilities Expense 8. K. Brown, Capital 3. Cash 9. Equipment 4. Accounts Payable 10. Advertising Expense 5. Office Supplies 11. K. Brown, Drawings 6. Wage Expense 12. Notes Payable question 2. The following lettered items represent a classification scheme for a balance sheet, and the numbered items represent data found on balance sheets. A. Current assets B. Investments C. Property, plant, and equipment D. Intangible assets E. Current liabilities F. Non-current liabilities G. Owner's equity H. Not on the balance sheet _____ 1 .Accumulated Depreciation _____ 6. Inventory _____ 2 .S. Peters, Capital _____ 7. Patents _____ 3 .Interest Expense _____ 8. Prepaid Interest _____ 4 .Salary Payable _____ 9. Mortgage Payable _____ 5 .Owner's Capital _____ 10. Land Held for Investment In the blank next to each account, write the letter indicating to which category it belongs. question 3. For the following independent situations, prepare the required adjusting journal entries. 1. Larry's Television Restoration Company prepares monthly financial statements. On July 1, the Office Supplies account had a balance of $3,000. During July, additional office supplies were purchased for $3,800 and that amount was debited to Office Supplies. On July 31, a physical count of office supplies revealed that there was $2,700 on hand. Prepare the adjusting journal entry that Larry should make on July 31. 2. Amberville Lumber Co. prepares monthly financial statements. On September 1, a cheque for $9,600 was received from a tenant for six months' rent. The full amount was credited to Unearned Revenue. Prepare the adjusting entry the company should make on September 30