Search in Document Heading 2 Heading3 LO2. What is double-entry accounting? a) Draw a T-account and label the debit and credit side. b) Filin the expanded accounting equation with Debit (DR), Credit (CR), and Iacrease (Ine.) and Decrease (Dec.). Assets- Liabilities+ Equity Owner, Owner, WdraRevenuessens Assets Liabilities c) Fill in the normal balance of the account Normal Balance Debit Account type Asset Expenses Owner, Withdrawals Liabilities Revenues Owner, Capital d) Determining the balance in the following T-account Cash 25,000 1,000 2,000 3,000