K L . N Q R S T U V Please indicate the account type, (asset, liability, equity, income, or expense) Mark x in the correct column. Will the account appear on the balance sheet or income statement, (either one never both) Normal balance is the increase side of the account. Indicate if it's a debit or credit normally. Perm/ Temporary type. Temporary means that it gets closed at year end. Not carry any balance forward to the next year. Normal Bal Account Name Type Income statement Balance Sheet Debit/Credit Perm./Temp 1 Cash 2 Capital Stock 3 Mortgage Payable 4 Interest Receivable 5 Supplies 6 Account Payable 7 Short Term Investments 8 Repair Expense 3 9 Uneamed Service Revenue 4 10 Equipment 11 Depreciation Expense 5 6 12 Interest Revenue 17 18 19 13 Salaries Expense 14 Retained Eamings 15 Accumulated Depreciation 16 Utilites Expense 17 Salaries Payable 20 21 22 18 Account Receivable 23 19 Notes Payable 20 Service Revenue 24 25 26 27 28 29 30