For Each of the Following Accounts Indicate (A) the Type

For each of the following accounts indicate (a) the type of account (Asset Liability Owner's Equity Revenue Expense) (b) the debit and credit effects and (c) the normal account balance. $\begin{array}{ll} \text {0. Cash } & \text {a. Asset account } \\& \text { b. Debit increases, credit decreases } \\& \text { c. Normal balance - debit } \\\end{array}$

$\begin{array}{llcc}&\text { Accounts }\\\hline \text { 1. Accounts Payable } && \text { 5. Service Revenue } \\ \text { 2. Accounts Receivable } && \text { 6. Insurance Expense } \\ \text { 3. Owner's Capital } & & \text { 7. Notes Payable} \\ \text {4. Owner's Drawings } && \text { 8. Equipment } \\\end{array}$