NOTE $-$ this is a must$-$post first discussion thread, you will not be able to see another student's post until you post first.

For the original post:

Indicate whether the following accounts generally will have $(1)$ debit entries only, $(2)$ credit entries only, or $(3)$ both debit and credit entries.

And then state the effects of a debit and credit on the account and the normal balance of the account.

Example Cash $-$ both, debit increases, credit decreases, normal balance is a debit.

Cash

Accounts Receivable.

Owner's Drawings.

Accounts Payable.

Salaries and Wages Expense.

Service Revenue.

Advertising Expense.

Prepaid Insurance.

Owner's Capital.