Question 3 (5 points) 1) Listen Question 3: Account Classification - 5 Marks B D ACCOUNT NORMAL FINANCIAL PERMANENT/ TYPE BALANCE STATEMENT TEMPORARY 1. Allowance for Doubtful Accounts 2. Cost of Goods Sold 3. Accumulated Depreciation 4. Bad Debt Expense 5. Cash Short or Over 6. Mary Brown, Withdrawals 7. Merchandise Inventory 8. Unearned Revenue 9. Sales Discounts 10. Copyrights REQUIRED: MacBook Pro REQUIRED: (a) In each case, identify the account type for each item as either a(an) Asset (A), Liability (L), Equity (OE), Revenue (R), or Expense (E). Indicate if an account is a contra account, eg. Contra Asset. (b) In each case, identify the normal account balance as either a Debit Balance (DR) or a Credit Balance (CR). (c) In each case, identify which financial statement - Income Statement (IS), Statement of Changes in Equity (SCE) or Balance Sheet (BS) - each item would be reported on. (d) In each case, identify whether the account is a Permanent (P) or Temporary (T) account. Question 4 (5 points) Listen Question 4: Petty Cash - 5 Marks On January 1, 2021, Astro Inc. established a $300 petty cash fund. Astro uses perpetual inventory system. At the end of the month, the fund contained $55 in cash, as well as receipts for MacBook Pro