QS 2-4 (Algo) Identifying normal balance LO C2 Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Notes Payable b. Prepaid Rent c. Prepaid Insurance d. Fuel Expense e. Furniture f. Rent Revenue g. Postage Expense h. Office Equipment i. Building Debit +

Identify the normal balance (debit or credit) for each of the following accounts