For each of the following accounts,indicate whether the account is an asset (A),liability (L),or stockholders' equity (SE)and whether the account has a normal debit (Dr)or normal credit (Cr)balance.
1.Retained Earnings
2.Supplies
3.Additional paid-in capital
4.Accounts payable
5.Accounts receivable
6.Property and equipment
7.Wages payable
8.Prepaid expenses

Question

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The Answer of For each of the following accounts,indicate whether the account is an asset (A),liability (L),or stockholders' equity (SE)and whether the account has a normal debit (Dr)or normal credit (Cr)balance.
1.Retained Earnings
2.Supplies
3.Additional paid-in capital
4.Accounts payable
5.Accounts receivable
6.Property and equipment
7.Wages payable
8.Prepaid expenses

For Each of the Following Accounts,indicate Whether the Account Is