Accounts

Type of Account

Normal Balance

Financial Statement

1.Cash

2.Accounts Receivable

3.Sales

4.Purchases

5.Sales Returns & Allowances

6.Freight In

7.Purchases Discount

8.Merchandise Inventory

9.Supplies

10.Accumulated Depreciation

11.Unearned rental income

12.Depreciation Expense

13.Sales Discounts

14.Accounts Payable

15.Interest Expense