Name 5 accounts with NORMAL BALANCE on the Debit side

Name 5 Accounts with NORMAL BALANCE on the Credit side

Use two accounts in a journal entry to illustrate with explanations.

For example, normal balance of Cash account is Debit and normal balance of Loan Payable is Credit.

ABC Company borrowed from Bank of America $50,000. After ABC Company signs a Promissory Note, Bank of America would give $50,000 cash to ABC Company.

ABC Company would enter Journal Entry in its books as follow:

Debit Cash (To Increase Cash) and Credit Loan Payable (From not owing, now ABC owes $50,000. So it needs to Increase Loan Payable)