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Chapter 2 Homework ( i 1 For each of the following ( 1 ) identify the account as an asset, liability, quity, revenue, or expense;

Chapter 2 Homework (i
1
For each of the following (1) identify the account as an asset, liability, quity, revenue, or expense; (2) identify the normal balance of the account; and (3) select debit or credit to identify the kind of entry that would increase the account balance.
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\table[[Account,Type of Account,Normal Balance,],[a. Land,,,],[b. Cash,,,],[c. Legal Expense,,,],[d. Prepaid Insurance,,,],[e. Accounts Receivable,,,],[f. Tour Service Revenue,,,],[g. Unearned Revenue,,,],[h. Services Revenue,,,],[i. Equipment,,,],[j. Notes Payable,,,]]
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