Problem 2-3A identify the type of account and its normal debit or credit balance (LO2-3) Below is a list of typical accounts Required: For each account, indicate (1) the type of account and (2) whether the normal account balance is a debitor credit. Type of Account Normal Balance (Debitor Credit) Accounts 1. Salaries Payable 2. Common Stock 3. Prepaid Rent 4. Buildings 5. Utilities Expense 6. Equipment 7. Rent Expense 8. Notes Payable 9. Salaries Expense 10. Insurance Expense 11. Cash 12. Service Revenue