Activity 2 Directions: Identify if the account is an asset, liability, equity, income or expense and indicate its normal balance. Owner's Аccount Asset Liabilities Income Expense Balance Equity 1...

Extracted text: Activity 2 Directions: Identify if the account is an asset, liability, equity, income or expense and indicate its normal balance. Owner's Аccount Asset Liabilities Income Expense Balance Equity 1 Accounts Receivable Accumulated Depreciation Advertising Expense Bonds Payable 3. 4 5. Building 6. Cash 7. De Jesus, Capital De Jesus, Drawing Delivery Truck Interest Payable 8. 9. 10 11 Inventories 12 Land Mortgage Loans Notes Payable 13 14 15 Notes Receivable Office Supplies Prepaid Expense Rent Expense Salaries Expense Salaries Payable 16 17 18 19 20 21 Service Fees Income 22 Supplies Expense 23 Trading Securities 24 Unearned Income 25 Utilities Expense