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Exercise 230 Selected accounts from the ledger of McDaniel Corporation appear below. Indicate the nature of each account. Type Of Account 1. Supplies 2. Note

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Exercise 230 Selected accounts from the ledger of McDaniel Corporation appear below. Indicate the nature of each account. Type Of Account 1. Supplies 2. Note Payable 3. Service Revenue 4. Dividends 5. Accounts Payable 6. Salaries and Wages Expense - 7. Common Stock 8. Accounts Receivable 9. Equipment 10. Notes Receivable Indicate the normal balance by inserting Debit or Credit. Normal Balance 1. Supplies 2. Note Payable 3. Service Revenue 4. Dividends 5. Accounts Payable 6. Salaries and Wages Expense 7. Common Stock 8. Accounts Receivable 9. Equipment 10. Notes Receivable

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