Identifying debit and credit balances
Required
Indicate whether each of the following accounts normally has a debit or credit balance:
a. Interest Receivable
b. Interest Revenue
c. Dividends
d. Operating Expense
e. Unearned Revenue
f. Accounts Payable
g. Supplies
h. Service Revenue
i. Prepaid Rent
j. Supplies Expense
k. Retained Earnings
l. Prepaid Insurance
m. Insurance Expense
n. Accounts Receivable
o. Salaries Payable
p. Cash
q. Common Stock
r. Rent Expense
s. Salaries Expense
t. Land