Exercise 2-5 Identifying type and normal balances of accounts C2 For each of the following, (1) identify the account as an asset, liability, equity, revenue, or expense; (2) identify the normal balance of the account; and (3) enter debit or credit to identify the kind of entry that would increase the account balance. a. Land e. Accounts Receivable i. Equipment b. Cash f. Tour Service Revenue j. Notes Payable c. Legal Expense g. Unearned Revenue d. Prepaid Insurance h. Services Revenue