Exercise 2-5 (Static) Identifying type and normal balances of accounts LO 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) select debit or credit to identify the kind of entry that would increase the account balance. Account a Land b. Cash c. Legal Expense d. Prepaid Insurance e. Accounts Receivable f. Tour Service Revenue g. Unearned Revenue h. Services Revenue i Equipment Notes Payable Type of Account Normal Balance Increase (Debit or Credit