The following accounts, in alphabetical order, were selected from recent financialstatements of Krispy Kreme Doughnuts, Inc. For each account, indicate whether the normal balance is a debit or a credit, and the financial statement-balance sheet or income statement-where the account should be presented. Selected accounts from the ledger of McDaniel Corporation appear below. Indicate the nature of each account. 6. Salaries and Wages Expense 7. Common Stock 8. Accounts Receivable 9. Equipment 10. Notes Receivable