Exercise 1-6 Classifying accounts LOG Kate is having a difficult time differentiating all of the account names. "My head is spinning when all the ac- counts sound the same to me! Does unearned revenue belong on the income statement or the balance sheet?" Create a study sheet by categorizing all of the following accounts into a table with the following headings. Some accounts may be used more than once. Accounts Payable Prepaid Rent Supplies Equipment Accounts Receivable Vehicle Expenses Wages Expense Maintenance Expense Advertising Expense Furniture Fuel Expense Land Insurance Expense Salaries Expense Notes Payable Unearned Revenue Owner's Capital, Ending Balance Service Revenue Merchandise Inventory Rent Revenue Interest Payable Other Expenses Utilities Expense Supplies Expense Prepaid Expenses Interest Income Vehicles Interest Receivable Interest Expense Cash Salaries Payable Rent Expense Withdrawals Telephone Expense Building Owner's Capital, Beginning Balance Investment by Owner Profit/Loss Balance Sheet Income Statement Statement of Changes in Equity Assets Liabilities Owner's Equity Revenues Expenses