Accounting 2121 Exam 1 Part 5: What is the normal balance for the following account types?
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Accounts Payable
Credit
Accumulated Depreciation
Credit
Common Stock
Credit
Dividends Payable
Credit
Income Tax Payable
Credit
Liability
Credit
Notes Payable
Credit
Retained Earnings
Credit
Revenues
Credit
Sales Revenue
Credit
Wages Payable
Credit
Accounts Receivable
Debit
Asset
Debit
Cash
Debit
Dividends
Debit
Expenses
Debit
Inventory
Debit
Land
Debit
Rent Expense
Debit
Salaries Expense
Debit
Supplies
Debit
