The accounting records of all businesses include three basic categories of accounts: assets. liabilities, and owner's equity. In turn, owner's equity is divided into the following categories: capital, withdrawals, revenues, and expenses. Identify which categories of accounts-including the subparts of owner's equity-have a normal debit balance and which categories of accounts have a normal credit balance. Exhibit 2-13, Panel B. on page 57. gives the normal balance in each category of account.