For Each Account Listed, Identify the Category It Belongs To

question 67

Essay

For each account listed, identify the category it belongs to, the normal balance (debit or credit), and the financial statement in which the account appears.

Account	Category	Normal Balance	Financial Statement
0. Cash	Asset	Debit	Balance Sheet
1 Capital, Beginning
2. Salaries Expense
3. Salaries Payable
4. Accounts Receivable
5. Prepaid Insurance
6. Withdrawals
7. Service Fees
8. Accounts Payable