Normal Balances
Tell whether the normal balance of each account listed below is a debit or a credit.
a. Accounts Payable
b. Supplies
c. Dividends
d. Fees Earned
e. Rent Expense
f. Accounts Receivable
g. Unearned Revenue
h. Equipment
Recording Transactions in T Accounts
Set up T accounts and record each transaction using the information below. Determine the balance of each account.