Complete the table. Identify (1) the type of account as asset, liability, or owners equity (for owners equity accounts, also identify if it is a capital, drawings, revenue, or expense account); (2) what financial statement it is presented on; and (3) the normal balance of the account. The first one has been done for you as an example.

Accounts		1. Type of Account		2. Financial Statement		3. Normal Balance
Cash		Asset		Balance Sheet		Debit
M. Kobayashi, Capital		select a type of account Owner's CapitalExpenseDrawingsAssetLiabilityRevenue		select a financial statement Statement of Owner's Equity and Income StatementStatement of Owner's EquityBalance SheetBalance Sheet and Income StatementIncome StatementBalance Sheet and Statement of Owner's Equity		select a normal balance CreditDebit
Accounts Payable		select a type of account Owner's CapitalAssetExpenseRevenueDrawingsLiability		select a financial statement Balance SheetIncome StatementBalance Sheet and Statement of Owner's EquityBalance Sheet and Income StatementStatement of Owner's EquityStatement of Owner's Equity and Income Statement		select a normal balance CreditDebit
Building		select a type of account AssetOwner's CapitalRevenueExpenseDrawingsLiability		select a financial statement Income StatementStatement of Owner's EquityBalance SheetBalance Sheet and Income StatementStatement of Owner's Equity and Income StatementBalance Sheet and Statement of Owner's Equity		select a normal balance CreditDebit
Insurance Expense		select a type of account Owner's CapitalAssetExpenseLiabilityDrawingsRevenue		select a financial statement Income StatementBalance SheetStatement of Owner's Equity and Income StatementBalance Sheet and Income StatementStatement of Owner's EquityBalance Sheet and Statement of Owner's Equity		select a normal balance DebitCredit
Interest Revenue		select a type of account ExpenseDrawingsRevenueOwner's CapitalLiabilityAsset		select a financial statement Balance Sheet and Income StatementBalance SheetStatement of Owner's EquityBalance Sheet and Statement of Owner's EquityStatement of Owner's Equity and Income StatementIncome Statement		select a normal balance DebitCredit
M. Kobayashi, Drawings		select a type of account DrawingsExpenseRevenueOwner's CapitalAssetLiability		select a financial statement Income StatementBalance SheetBalance Sheet and Statement of Owner's EquityStatement of Owner's Equity and Income StatementStatement of Owner's EquityBalance Sheet and Income Statement		select a normal balance CreditDebit
Notes Receivable		select a type of account ExpenseAssetLiabilityOwner's CapitalRevenueDrawings		select a financial statement Statement of Owner's EquityStatement of Owner's Equity and Income StatementBalance Sheet and Statement of Owner's EquityBalance Sheet and Income StatementBalance SheetIncome Statement		select a normal balance CreditDebit
Prepaid Insurance		select a type of account DrawingsAssetRevenueOwner's CapitalExpenseLiability		select a financial statement Balance Sheet and Income StatementStatement of Owner's Equity and Income StatementBalance SheetBalance Sheet and Statement of Owner's EquityIncome StatementStatement of Owner's Equity		select a normal balance DebitCredit
Rent Expense		select a type of account ExpenseRevenueLiabilityAssetOwner's CapitalDrawings		select a financial statement Income StatementBalance SheetStatement of Owner's Equity and Income StatementStatement of Owner's EquityBalance Sheet and Income StatementBalance Sheet and Statement of Owner's Equity		select a normal balance CreditDebit
Service Revenue		select a type of account AssetLiabilityExpenseRevenueOwner's CapitalDrawings		select a financial statement Statement of Owner's Equity and Income StatementIncome StatementStatement of Owner's EquityBalance Sheet and Income StatementBalance SheetBalance Sheet and Statement of Owner's Equity		select a normal balance DebitCredit
Supplies		select a type of account Owner's CapitalExpenseDrawingsAssetLiabilityRevenue		select a financial statement Balance SheetBalance Sheet and Income StatementIncome StatementStatement of Owner's Equity and Income StatementStatement of Owner's EquityBalance Sheet and Statement of Owner's Equity		select a normal balance CreditDebit

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