options for type of account are: asset, dividend, expense, liability, revenue, and stockholders' equity

then either debit or credit is the option for the next column

Saved Ch 2 Graded Assignment Below is a list of typical accounts. 6 Required: For each account, select (1) the type of account and (2) whether the normal account balance is a debit or credit. 24 points Accounts Type of Account Normal Balance (Debitor Credit) Print 1. Supplies 2. Advertising Expense 3. Prepaid Insurance 4. Supplies Expense 5. Accounts Payable 6. Equipment 7. Dividends 8. Accounts Receivable 9. Retained Earnings 10. Deferred Revenue 11. Service Revenue 12 Utilities Payable