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For each the following accounts, indicate (a) if the account is an asset, liability, or owner's equity account; and (b) whether the account would have
For each the following accounts, indicate (a) if the account is an asset, liability, or owner's equity account; and (b) whether the account would have a normal debit or credit balance. (a) Type of Account (b) Normal Balance No. Account 1. Accounts Receivable 2. Rent Expense 3. B. Damji, Drawings V 4. Supplies 5. Unearned Revenue 6. Service Revenue 7. Prepaid Insurance 8. Notes Payable
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