Check my work 6 Problem 1-2A Assign account classifications (LO1-2) Account classifications include assets, llabilities, stockholders equity.clvidencs, reverues, and expenses. 187 point X 01:37:42 Required: For each transaction, select whether the related account would be classified in the balance sheet as an asset, a liability, or stockholders equity in the income staternent as a revenue or an expense or in the statement of stockholders' equity as a dividend. Book Account Classifications Print References Accounts Related Transactions 1. Common stock Sale of rommon stock to invesios 2 Equipment Fquipment used for operations 3. Salaries payablo Amounts wed in employees 4. Service revenuo Sales of services to customers 5. Utilities exponso Cost of utilities 6. Supplies Purchase of office supplics 7. Research and development expense Cost of research and development 8 Land Property used for operations 9 Income tax payable Amounts owed to the RS for taxes 10. Interest payable Amount of intorest owed on borrowing