Listed below are three items.

Required:

Classify each of the items as Revenue, Expense, Other Changes to Owner's Equity, or None of These:

Supplies Expense select one of the four:

1.Revenue

2.Expense

3.Other Changes Owners Equity

4.None of these

Prepaid Insurance select one of the four:

1.Revenue

2.Expense

3.Other Changes Owners Equity

4.None of these

Drawing select one of the four:

1.Revenue

2.Expense

3.Other Changes Owners Equity

4.None of these