Miscellaneous Quiz / Normal Account Balances 1

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Can you correctly identify whether these different accounts are debit balance accounts or credit balance accounts?

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AccountNormal Account Balance
notes payable
prepaid insurance
expenses
owner's withdrawals
wages payable
notes receivable
sales allowances
owner equity
stockholders' equity accounts
withdrawals
store equipment
unearned revenue
liabilities
contra assets
salaries expense
capital
interest payable
gains
inventory
office supplies
interest revenues
assets
fees earned
supplies expense
dividends account
AccountNormal Account Balance
service revenues
prepaid rent
rent expense
buildings
interest income
land
repair service revenue
accounts payable
owner's drawing account
interest expense
wage expense
contra liabilities
sales
owner capital
losses
equipment
income
utilities expense
accounts receivable
prepaid expenses
sales returns
sales discounts
gain on sale of assets
cash
revenues

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