Instructions 1. Column C. should be TYPE: ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES OR NO. EXAMPLE CASH IS ON THE BALANCE SHEET. HINT: NONE OF THE ACCOUNTS WILL BE ON BOTH. 4. FILL IN DEBIT OR CREDIT- WHICH IS NORMAL BALANCE OF THE ACCOUNT. (INCREASE SIDE) 5. Fill in which type of account is it? Temporary or permanent. 2 3 5 Type: Asset, liability, equity, revenue or Will be on the Expense Income statement Normal Balance is Will be on the Debit or Balance Sheet Credit Temporary or Permanent Account Name 1 Cash 2 Capital Stock 3 Mortgage Payable 4 Interest Receivable 5 Supplies 6 Account Payable 7 Short Term Investments 8 Repair Expense 9 Unearned Service Revenue 10 Equipment 11 Depreciation Expense 12 Interest Revenue 13 Salaries Expense 14 Retained Earnings 15 Accumulated Depreciation 16 Utilites Expense 17 Salaries Payable 18 Account Receivable 19 Notes Payable 20 Service Revenue