For Each of the Following Accounts,indicate Whether the Account Is

Essay

For each of the following accounts,indicate whether the account is an asset (A),liability (L),or stockholders' equity (SE)and whether the account has a normal debit (Dr)or normal credit (Cr)balance.
1.Retained Earnings
2.Supplies
3.Additional paid-in capital
4.Accounts payable
5.Accounts receivable
6.Property and equipment
7.Wages payable
8.Prepaid expenses