1. Identify each account as an asset (A), liability (L), or equity (E).
2. Identify whether the account is increased with a debit (DR) or credit (CR).
3. Identify whether the normal balance is a debit (DR) or credit (CR) (a) Interest Revenue (b) Accounts Payable (c) Calhoun, Capital (d) Office Supplies (e) Advertising Expense (f) Unearned Revenue (g) Prepaid Rent
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Home » Business » 1. Identify each account as an asset (A), liability (L), or equity (E). 2. Identify whether the account is increased with a debit (DR) or credit (CR). 3.