Question: For the items listed below, indicate whether the item is an asset, liability, or stockholders' equity item. 1. Rent Expense Stockholders' EquityAssetLiability 2. Equipment LiabilityStockholders'

For the items listed below, indicate whether the item is an asset, liability, or stockholders' equity item.

1. Rent Expense Stockholders' EquityAssetLiability
2. Equipment LiabilityStockholders' EquityAsset
3. Accounts Payable Stockholders' EquityLiabilityAsset
4. Common Stock Stockholders' EquityAssetLiability
5. Insurance Expense LiabilityStockholders' EquityAsset
6. Cash Stockholders' EquityLiabilityAsset
7. Accounts Receivable Stockholders' EquityAssetLiability
8. Retained Earnings Stockholders' EquityAssetLiability
9. Service Revenue Stockholders' EquityLiabilityAsset
10. Notes Payable

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