PE 2-1B Rules of debit and credit and normal balances State for each account whether it is likely to have (a) debit entries only, (b) credit (ton only, or (c) both debit and credit entries. Also indicate its normal balance. 1. Accounts Payable 4. Miscellaneous Expense 2. Cash 5. Insurance Expense 3. Del Robinson, Drawing 6. Fees Earned