Using the format provided, for each account identify (1) whether the account is a balance sheet (B/S) or an income statement (I/S) account; (2) whether it is an asset (A), a liability (L), an owners’ equity (OE), a revenue (R), or an expense (E) account; (3) whether the account is a real or a nominal account; (4) whether the account will be “closed” or left “open” at year-end; and (5) whether the account normally has a debit or a credit balance. The following example is provided: (1) (2) (3) (4) (5) Account B/S or A, L, OE, Real or Closed Debit/ Title V/s R,E Nominal or Open Credit Cash B/S A Real i Open Debit 1. Accounts Receivable 10. Inventory 19. Wages Payable 2. Accounts Payable 11. Retained Earnings 20. Unearned Rent Revenue 3. Prepaid Insurance 12. Prepaid Rent 21. Land 4. Mortgage Payable 13. Supplies on Hand 22. Unearned Consulting 5. Rent Expense 14. Utilities Expense - Fees 6. Sales Revenue 15. Income Taxes Payable 23. Interest Receivable 7. Cost of Goods Sold 16. Interest Revenue 24. Consulting Fees 8. Dividends 17. Notes Payable 9. Capital Stock 18. Income Tax Expense