EXERCIS Exercise 2-1 Classifying accounts LO2, 3 The following accounts are from Yoojin Chang's interior design company, Big Apple Design, F complete the following. The first one has been completed for you as an example, (1) The basic account category (asset, liability, owner's capital, withdrawal, revenue, or ex (2) The financial statement the account is recorded on (Income Statement, Stateme Equity, or Balance Sheet). (3) The normal balance (debit or credit). (4) The effect of a debit to the account (increase or decrease). (5) The effect of a credit (increase or decrease). a. Cash b. Supplies c. Accounts payable Vooiin Chang, Capital Account f. Design Revenue g. Salaries Expense h. Accounts Receivable i. Notes Payable