Required indicate whether the normal balance of each, Finance Basics

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Required indicate whether the normal balance of each

Question: Below is a list of common accounts.

Accounts Debit or Credit

Cash 1. _________

Service Revenue 2. _________

Salaries Expense 3. _________

Accounts Payable 4. _________

Equipment 5. _________

Retained Earnings 6. _________

Utilities Expense 7. _________

Accounts Receivable 8. _________

Dividends 9. _________

Common Stock 10. _________

Required: Indicate whether the normal balance of each account is a debit or a credit.

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Finance Basics: Required indicate whether the normal balance of each

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