For Each of the Following (1) Identify the Type of Account

Essay

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account. $\begin{array}{|l|l|cc|} \hline \text { Account Title } & \text { Account Type } & \text { Normal Balance } \\ &&\text { Debit or Credit) }\\ \hline \text { a. Prepaid Insurance} & \text { } & \text { }\\\hline \text { b. Accounts Payable } & \text { } & \text { }\\ \hline\text { c. Common Stock } & \text { } & \text { }\\\hline \text {d. Utilities expense } & \text { } & \text { }\\\hline \text { e. Land} & \text { } & \text { }\\ \hline\text { f. Services revenue } & \text { } & \text { }\\\hline \text { g. Notes Receivable} & \text { } & \text { }\\\hline \text { h. Advertising expense} & \text { } & \text { }\\ \hline\text { i. Unearned Revenue } & \text { } & \text { }\\\hline \text { i. Service Revenue } & \text { } & \text { }\\\hline\end{array}$