QS 4-5 Classifying temporary and permanent accounts LO2 You are the accountant at Stephos Greek Taverna. After completing the December 31, 2017 financ statements, you need to post the closing entries to prepare for the 2018 year. Start the process by com pleting the following table. Required (1) Identify whether the following accounts are temporary or permanent with an "V and (2) Determine what financial statement(s) each account is recorded on (Income statement, Balance Sheet or Statement of Changes in Equity). Note that some accounts may be recorded on more than one financial statement. Account Temporary? Permanent? Financial Statement? a. Accounts Payable b. Insurance Expense c. Delivery Vehicle d. Interest Income e. Unearned Revenue f. Accumulated Depreclation g. Stephos Petridis, Capital h. Depreciation Expense i. Stephos Petridis, Withdrawals J. Wages Payable k. Prepaid Insurance I. Utility Expense m. Building n. Supplies Expense