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For each of the following (1) identify the type of account as an asset, Hability, equity, revenue, or expense: (2) identify the normal balance of

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For each of the following (1) identify the type of account as an asset, Hability, equity, revenue, or expense: (2) identify the normal balance of the account, and (3) select debit (Dr) or credit (Cr) to identify the kind of entry that would increase the account balance Type Account Numance incrone ( OC) a Salaries Expense b. Utilities Expense c. Prepaid Rent d. Wages Payable Notas Receivable Land Dobit 9 Cash Debit Asset Asset Revenue Asset Asset Equity Revenue Debit Debit Debit Debit Legal Expense Prepaid Insurance 1 Accounts Receivable * Owner, Withdrawals License Fee Revenue Debit Credit Credt Debit Debit Debit Credit Credit

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