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Complete the following table. The first one has been done for you. Account Type of Element Normal Balance (Debit/Credit) Equipment Asset Debit Cash at Bank
Complete the following table. The first one has been done for you.
Account | Type of Element | Normal Balance (Debit/Credit) |
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Equipment | Asset | Debit |
Cash at Bank |
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Rent Expense |
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Interest Receivable |
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Buildings |
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Sales Income |
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Accounts Payable |
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Service Income |
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Wages Expense |
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Interest Income |
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Office Equipment |
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Accounts Receivable |
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Loan Payable |
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