Chapter 2 Analyzing and Recording Transactions Enter the number for the item that best completes each of the descriptions below. 1. Asset 3. Account 5. Three 2. Equity 4. Liability a. An is a record of increases and decreases in a specific asset, liability, equity, rever expense item b. Accounts payable, unearned revenue, and note payable are examples of - - accounts. c. Accounts receivable, prepaid accounts, supplies, and land are examples of ___ _ accounts. d. Accounts are arranged into general categories. e. Owner, capital and owner, withdrawals are examples of - accounts