18 marks Instructions: Place a check in the appropriate columns to designate whether each of the following accounts: (1) has a deo or credit normal balance; and (2) is an asset buy or owner's eqwly account. Justify your selection with a logical argument (0.5 mark for each) 1 Debit Credit Asset La Justification Account 1. Notes Payable Rent Expense Owners cap 5. Accounts Payable Receivable Owners Drawing 8 Une med Revenue