General journal for service Business

A credit is used to record an increase in all of the following accounts except:

• Accounts Payable

• Service Revenue

• Unearned Revenue

• Wages Expense

• Common Stock

What is the normal balance for the Cash account?

• Debit
• Credit

What is the normal balance for the Accounts Payable account?

• Debit
• Credit

What is the normal balance for the Capital account?

• Debit
• Credit

What is the normal balance for the Office Supplies account?

• Debit
• Credit

What is the normal balance for the Expenses accounts?

• Debit
• Credit

What is the normal balance for the Prepaid Insurance account?

• Debit
• Credit

What is the normal balance for the Owner's Withdrawal account?

• Debit
• Credit

What is the normal balance for the Revenue (Fees Earned) account?

• Debit
• Credit

What is the normal balance for Liabilities accounts?

• Debit
• Credit