Account $-$ an individual accounting record; a record of specific asset, liability, equity, revenue or expense

Debit$-$DR $-$ Dr$-$Left

Credit$-$CR$,$ Cr$-$Right

Normal Balance $-$ how you increase an account

Worksheet

Identify each account as having a normal balance of a Dr or Cr

Cash

Accounts Payable

Sales

Rent Expense

Inventory

Supplies Expense

Service Revenue

Wage Payable

Capital

Wage Expense

Prepaid Insurance

Drawing

Office Supplies

Fees Earned

Fee Expense $$