Parti: Being Account Balances Account Name Type of Financial Sateet Normal Balance (debit credit) Balance Sheet Det Beginning Balance Remed Common Shack 25,000 Pen Ron S es pense D Service Revenge m) Supplies 3) Supplies Expense S0.000 2000 Eye Income Sam Debut 4000 Classify each of the above accounts as Asset Liit, Stockholder's Equity, Revenue or Expense 2. Identify the normal balance of each account as either Debitor Credit 3. Identify the financial statement on which each account would first appear. 4. Calculate the following amounts 2 Total Assets b. Total Liabilities: c. Total Equity d. Net Income e Beginning Balance Retained Earnings Ending Balance Retained Earnings 5. If you prepared a trial balance using the above information: What are total debits? h. What are total credits? 6. What would the closing entries look like for this