In each of the following sentences, select the appropriate answer option as debit or credit.

$1.$ The owner$$s capital account normally has a debit balance. This account increases on the debit

side and decreases on the credit side.

$2.$ Asset accounts normally have balances. These accounts increase on the

side and decrease on the side.

$3.$ Expense accounts normally have balances. These accounts increase on the

side and decrease on the side.

$4.$ Liability accounts normally have balances. These accounts increase on the

side and decrease on the side.

$5.$ Revenue accounts normally have balances. These accounts increase on the

side and decrease on the side.