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16. Fill in the following Table: ACCOUNT TYPE OF ACCOUNT NORMAL BALANCE INCREASE DECREASE FINANCIAL STATEMENT Ex. Cash Asset Debit Debit Credit Balance Sheet 1

16. Fill in the following Table: ACCOUNT TYPE OF ACCOUNT NORMAL BALANCE INCREASE DECREASE FINANCIAL STATEMENT Ex. Cash Asset Debit Debit Credit Balance Sheet 1 Prepaid Insurance 2 Insurance Expense 3 Accounts Receivable 4 Fees Earned 5 Unearned Rent 6 Rent Revenue 7 Wages Expense 8 Wages Payable 9 Depreciation Expense 10 Accumulated Depreciation.

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