Instructions: Place a check in the appropriate columns to designate whether each of the following accounts: (1) has a debit or credit normal balance; and (2) is an asset, liability, or owner's equity account. Justify your selection with a logical argument (0.5 mark for each) (2) Debit Credit Asset Liability Owner's Equity (3) Justification Account 1. Salaries Payable 2. Rent Expense 3. Owner's Drawings 4.Land and buildings 5. Notes Payable 6. Cash in bank 7. Owner's additional investments 8.Accumulated depreciation of equipment 9. interest Revenue 10. Prepaid rent