Miscellaneous Quiz / Normal Account Balances 2

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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
long-term liabilities
loss on disposal
petty cash
postage expense
estimated warranty liability
accumulated amortization
supplies
merchandise inventory
office equipment
income tax expense
dividends payable
dividends
bonds payable
gain on sale of equipment
leasehold improvements
income taxes payable
sales returns and allowances
trade discount
allowance for doubtful accounts
plant assets
retained earnings
purchase discount
travel expense
accumulated depletion
warranty expense
AccountNormal Account Balance
patents
depletion expense
earned revenue
bad debt expense
franchise
accrued expense
common stock
amortization expense
salaries payable
mortgage payable
current liabilities
furniture and fixtures
trademarks
current assets
intangible assets
operating expense
interest receivable
goodwill
accumulated depreciation
depreciation expense
net accounts receivable
fixed assets
production equipment
insurance expense
copyright

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