You will be given a list of accounts. For each account, you will be asked to identify the following by selecting items from drop down menus: Dropdown #1 - Account Type - Identify if the account is an asset, liability, equity, revenue, expense, contra-asset, contra-liability or contra-equity account Dropdown #2 - Normal Balance - Identify on what side (debit or credit) would an entry be made to increase the balance of this account Dropdown #3 - Financial Statement - Identify whether the account appears on the income statement or the balance sheet

Account	Type of Acct?	Normal Balance?	Financial Statement?
Cash
Bonds payable
Preferred stock
Accounts receivable
Loss on redemption Bonds
Payroll tax expense
Insurance expense
Customer deposits received
Buildings
Interest receivable
Retained earnings
Commons stock
Federal Income Tax payable
Debt investments
Inventory
Dividends payable
Paid-In Capital Excess of Par
Advertising Expense
Dividends
Cost of goods sold
Customer Refunds Payable
Interest Income
Accounts payable
Accumulated Depreciation
Rental Income
Deferred Revenue
Notes payable
Supplies
Delivery Expense
Gain of sale of fixed Assets
Equipment
Prepaid Insurance
Allowance of doubtful Accounts
Sales
Treasury stock