The following accounts, in alphabetical order, were selected from recent financial statements of Krispy Kreme Doughnuts, Inc. For each account, indicate whether the normal balance is a debit or a credit, and the financial statementbalance sheet or income statementwhere the account should be presented.

Account		Normal Balance		Financial statement
Accounts payable		Select a normal balance CreditDebit		Select a financial statement Income statementBalance sheet
Accounts receivable		Select a normal balance CreditDebit		Select a financial statement Income statementBalance sheet
Common stock		Select a normal balance CreditDebit		Select a financial statement Balance sheetIncome statement
Depreciation expense		Select a normal balance DebitCredit		Select a financial statement Balance sheetIncome statement
Interest expense		Select a normal balance DebitCredit		Select a financial statement Income statementBalance sheet
Interest income		Select a normal balance DebitCredit		Select a financial statement Income statementBalance sheet
Inventories		Select a normal balance CreditDebit		Select a financial statement Balance sheetIncome statement
Prepaid expenses		Select a normal balance DebitCredit		Select a financial statement Balance sheetIncome statement
Property and equipment		Select a normal balance CreditDebit		Select a financial statement Income statementBalance sheet
Revenues		Select a normal balance CreditDebit		Select a financial statement