Match the letter corresponding to one of the basic elements of accounting to each of the accounts below:

A = AssetL = LiabilityOE = Owner's Equity

1. Rent Expense__________6. Cash__________

2. Office Equipment__________7. Insurance Expense__________

3. Accounts Payable__________8. OwnersWithdrawals__________

4. Owners Capital__________9. Service Revenue__________

5. Accounts Receivable__________10.Prepaid Insurance__________

For the accounts listed below, indicate if the normal balance of the account is a debit (DR) or a credit (CR).

1. Service Revenue__________6. Office Supplies__________

2. Rent Expense__________7. Insurance Expense__________

3. Accounts Receivable__________8. Owners Capital__________

4. Accounts Payable__________9. Office Building__________

5. Owners Withdrawals__________10. Notes Payable__________