Use the following descriptive phrases to determine the account name that would be used for each. In addition, classify the account as an asset (A), liability (L), stockholders' equity (SE), revenue (R), or expense (E)

a. Amount due to creditor for merchandise purchased
b. Coins and currency
c. Property to be used in the business
d. An amount paid to stockholders resulting from profits
e. Income recorded for performance of legal services
f. Amount due to bank for loan to purchase building
g. Stationery, pencils, etc., purchased but not yet used
h. Stationery, pencils, etc., that have been consumed (used)
i. An insurance premium paid covering the next two years
j. Representation of stockholders' investments in a business

a. Accounts Payable (L)
b. Cash (A)
c. Land (A)
d. Dividends (SE)
e. Legal Fees Earned (R)
f. Mortgage Payable (L)
g. Office Supplies (A)
h. Office Supplies Expense (E)
i. Prepaid Insurance (A)
j. Common Stock (SE)