The following accounts are from Yoojin Chang's interior design company, Big Apple Design. For each account, complete the following.

1. Thebasic accountcategory (asset, liability, owner's capital, withdrawal, revenue or expense).
2. Thefinancial statementthe account is recorded on (Income Statement, Statement of Changes in Equity or Balance Sheet).
3. Thenormal balance(debit or credit).
4. Theeffect of a debitto the account (increase or decrease).
5. Theeffect of a credit(increase or decrease).

The following accounts are from Yoojin Chang's interior design company, Big Apple Design. For each account, complete the following. 1. The basic account category (asset, liability, owner's capital, withdrawal, revenue or expense). 2. The nancial statement the account is recorded on (income Statement, Statement of Changes in Equity or Balance Sheet). 3. The normal balance (debit or credit). 4. The effect of a debit to the account (increase or decrease). 5. The effect of a credit (increase or decrease). Decrease Supplies Accounts Payable a T c. Account Withdrawals f. i h | J Design Revenue Salaries Expense Accounts Receivable Notes Payable Prepaid insurance