Chapter 2, Problem 2.6E

Indicate the debit or credit balance of accounts (LO2–3)

Below is a list of common accounts.

Accounts	Debit or Credit
Cash	1. _____
Service Revenue	2. _____
Salaries Expense	3. _____
Accounts Payable	4. _____
Equipment	5. _____
Retained Earnings	6. _____
Utilities Expense	7. _____
Accounts Receivable	8. _____
Dividends	9. _____
Common Stock	10. _____

Required:

Indicate whether the normal balance of each account is a debit or a credit.