EX 2-6 Normal balances of accounts

Identify each of the following accounts of Advanced Services Co. as asset, liability, owner’s equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit.
a. Accounts Payable
b. Accounts Receivable
c. Barbara Mallary, Capital
d. Barbara Mallary, Drawing
e. Cash
f. Fees Earned
g. Office Equipment
h. Rent Expense
i. Supplies
j. Wages Expense

Answer:
a. liability, credit
b. asset, debit
c. owner's equity, credit
d. owner's equity, dedit
e. asset, debit
f. revenue, credit
g. asset, debit
h. expense, debit
i. asset, debit
j. expense, debit