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. (There should be 2 checks for each account line.) (1) (2) Owner's Account Debit Credit Asset Liability Equity 1. Service Revenue debit/ asset 2. Insurance Expense credit/liability 3. Supplies (For future use) debit/asset 4. D. Logan, Capital credit/owners equity 5. Accounts Payable credit/liability 6. Salaries Payable credit/liability 7. D. Logan, Drawing credit/owners equity 8 Accounts Receivable debit/asset 9. Prepaid Insurance credit/liability 10 Mortgage Payable credit/liability