Exercise 3. From the trial of Johnson Moving, classify each account as an asset, liability, an owner's equity, a revenue or as an expense and indicate whether it appears on the balance sheet or on the income statement. Example: Cash - an asset which appears on the balance sheet. Johnson Trial Balance June 30, 20..... ACCOUNT TITLE DEBIT CREDIT Cash $ 25 000 Accounts Receivable 65 000 Land and Buildings 175 000 Equipment 65 200 Accounts Payable $ 24 000 Bank Loan 31.000 A. Morrison, Capital Storage fees Revenue Moving service Revenue 200-000 26 500 185 000 Salaries Expense 95 300 Truck Expense 32 000 Utilities Expense 9.000 $ 466 500 $ 466 500