Question: VI. Indicate with an X whether each item is an asset, liability or shareholders' equity account when you use the account equation to record transactions.

VI. Indicate with an "X" whether each item is an asset, liability or shareholders' equity account when you use the account equation to record transactions. (10 pts.) Shareholders' Liability equity Asset Account Interest payable Accounts receivable Common stock Note payable Service revenues Unearned revenue Prepaid insurance

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