For each account that follows,

(a) List its normal balance (debit or credit); 

(b) Identify it as a balance sheet or temporary account; 

(c) Classify it as a current asset, noncurrent asset, current liability, long-term liability, owners’ equity, revenue, or expense account.

Accounts Payable
Bonds Payable (due in 20 years)
Buildings
Cash
Common Stock
Cost of Goods Sold
Heat and Power
Labor
Merchandise Inventory
Prepaid Rent
Rent
Retained Earnings
Sales
Taxes Payable
Wages Payable