The T accounts displayed show the current financial situation for Sunshine Cleaners. 1. Analyze each numbered transaction in the T accounts. In Column 2, enter the titles of accounts affected for the debit and credit entries. 2. For each account, enter the classification of the account in Column 3. (Asset, Liability, Owner’s Equity, Revenue, Expense) 3. For each transaction, select a brief statement in Column 4 describing the transaction. Information for Transaction 1 is given as an example.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.