Question: . For the items listed below, fill in the appropriate code letter to indicate whether the item is an asset, liability, owner's equity, revenue or

. For the items listed below, fill in the appropriate code letter to indicate whether the item is an asset, liability, owner's equity, revenue or expense item and what is the normal balance (Debit or Credit) (10 points) Asset Liability Owner's Equity O Revenue Expense 1. Rent Expense 2. Equipment 3. Accounts Payable 4. Owner's Capital 5. Insurance Expense 6. Cash 7, Accounts Receivable 8. Owner's Drawings 9. Service Revenue 10. Notes Payable

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