Following are the general ledger account balances, listed in alphabetical order.

Accounts payable	$ 2,500		Equipment		$ 16,100
Accounts receivable	4,100		Income tax expense		500
Accumulated depreciationequipment	3,800		Rent expense		1,300
Cash	5,200		Retained earnings		12,400
Common shares	9,000		Salaries expense		3,500
Deferred revenue	250		Service revenue		9,050
Dividends declared	300		Trading investments		6,000

(a)

Identify the normal balance of each account.

		Normal Balance
Accounts payable		Select a normal balance DebitCredit
Accounts receivable		Select a normal balance DebitCredit
Accumulated depreciationequipment		Select a normal balance DebitCredit
Cash		Select a normal balance DebitCredit
Common shares		Select a normal balance DebitCredit
Deferred revenue		Select a normal balance DebitCredit
Dividends declared		Select a normal balance DebitCredit
Equipment		Select a normal balance DebitCredit
Income tax expense		Select a normal balance DebitCredit
Rent expense		Select a normal balance DebitCredit
Retained earnings		Select a normal balance DebitCredit
Salaries expense		Select a normal balance DebitCredit
Service revenue		Select a normal balance DebitCredit
Trading investments		Select a normal balance DebitCredit