Question: Indicate whether the account is an asset (A), liability (L), stockholders' equity (SE), revenue (R) or expense (E) account. Also indicate if the account would

Indicate whether the account is an asset (A), liability (L), stockholders' equity (SE), revenue (R) or expense (E) account. Also indicate if the account would appear on the Balance Sheet (BS) or Income Statement (IS) or the Statement of Retained Earnings (SRE) The first account has been completed for you

2. Common Stock 3. Notes Payable 4. Service Revenue 5. Telephone Expense 6. Dividends 7. Accounts Receivable 8. Computer Supplies 9. Accounts Payable 10. Prepaid Expenses

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