Type Of Account	Debit Effect	Credit Effect	Normal Account Balance
1.	Accounts Payable	RevenueLiabilityExpenseStockholder's EquityAsset

Acco unts Paya ble 2 . Accou nts Recei vable 3 . Com mon Stock 4 . Divid ends 5 . Servic e Reven ue 6 . Insura nce Expen se 7 . Notes Payab le 8 . Equip ment Warning Don't show me this message again for the assignment For each of the following accounts indicate the type of account, the debit and credit effects and the normal account balance. Example 0. Cash a. Asset account Debit increases, credit b. decreases c. Normal balance - debit