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  3. for each of the following accounts, indicate wheth

For each of the following accounts, indicate whether it normally possesses a debit or a...

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Accounting

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For each of the following accounts, indicate whether it normally possesses a debit or a credit balance (use dr. or cr.): 1. Sales 2. Supplies Expense 3. Accounts Receivable 4. Accounts Payable 5. Supplies Inventory 6. Retained Earnings 7. Dividends Payable 8. Depreciation Expense 9. Paid-in Capital 10. Subscription Revenue 11. Equipment 12. Accumulated Depreciation 13. Cost of Goods Sold 14. Prepaid Rent

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