Question: For each of the following accounts, indicate whether it normally possesses a Debit or a Credit balance.

A. Sales

B. Accounts Receivable

C. Accounts Payable

D. Cash

E. Retained Earnings

F. Wages Expense

G. Inventory

H. Depreciation Expense

I. Accumulated Depreciation

J. Paid in Capital

K. Prepaid Rent

L. Equipment