Normal Balance (Debit or credit) 3 Complete the following chart: Account Type (asset, liability, Financial Statement equity, revenue, and which section expense, or contra toa, (Income statement ny of the above) or Balance sheet and which section) Common stock Equity Equipment Accumulated Depreciation Cost of Goods Sold Paid in capital in excess of par value-common stock Paid in capital in excess of par value preferred stock Bonds Payable Premium on bonds payable Discount on bonds payable