Each account has a normal balance. Classify each of the following items found in Carnival Cruise Corporation's 2008 annual report according to (1) whether it is a revenue (R), expense (E), asset (A), liability (L), or stockholders' equity (SE) item and (2) whether it has a normal balance of a debit (D) or a credit (C).

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Item Classified as Normal Balance Example: Cash and cash equivalents 1. Trade and other receivables, net 2. Fuel 3. Common stock of Carnival Corporation 5. Passenger tickets 6. Selling and administrative 7 Property and equipment, net 8. Payroll and related 9. Accounts payable 10. Retained earnings 11. Income tax expense 12. Long-term debt Income statement account