Indicate normal balance of each account is a debit or credit

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Reference no: EM131519617

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.

Reference no: EM131519617

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