Normal Balance Classification Financial Statement Account name Dividends Interest Income Allowance for Uncollectible Accounts Freight Out Expense Accumulated Depreciation Prepaid Rent Supplies Land Equipment Common Stock Utility Expense Accrued Liabilities Mortgage Payable Discount on Bonds Sales Treasury Stock Short term Investments Paid in Capital in Excess of Par Cost of Goods Sold Advertising Expense Store supplies Expense Accounts Receivable President's Salary Expense Unerned Revenue Office Supplies Expense Gain on Sale of Plant Assets Estimated Warranty Liability Interest Expense Accounts Payable Cash Office Salary Expense