Question

1 2 3 4 5 8 Increase Side Decrease Side Account Account Classification Account's Normal Balance Debit Credit Debit Credit Debit Credit Prepaid Insurance O Sales O Supplies O Accounts Receivable-Tom Dayton O O Advertising Expense O O O Cash O Barbara Casey, Drawing O O O O O O O Barbara Casey, Capital O O O Accounts Payable-Emmer Supplies O O O O

Answer 1

8 O 1 2 3 4 5 6 7 Account Account Classification Increase side Decrease side Accounts Normal Balance Debit Credit Debit Credit Debit Credit Prepaid Insurance Personal/Asset Sales Nominal/Income Supplies Real/Asset Accounts Receivable-Tom Dayton Personal/Asset Advertising expenses Nominal/Expense Cash Real/Asset Barbara Casey, Drawing Personal/Equity Barbara Casey, Capital Personal/Equity Accounts Payable - Emmar Supplies Personal/Liability ооооо O O O O O 0 0 0 0 0 0 0 оо 0 0

Same excel below

1	2	3	4	5	6	7	8
Account	Account Classification	Increase side	Decrease side	Accounts Normal Balance
		Debit	Credit	Debit	Credit	Debit	Credit
Prepaid Insurance	Personal/Asset	Θ			Θ	Θ
Sales	Nominal/Income		Θ	Θ			Θ
Supplies	Real/Asset	Θ			Θ	Θ
Accounts Receivable- Tom Dayton	Personal/Asset	Θ			Θ	Θ
Advertising expenses	Nominal/Expense	Θ			Θ	Θ
Cash	Real/Asset	Θ			Θ	Θ
Barbara Casey , Drawing	Personal/Equity	Θ			Θ	Θ
Barbara Casey , Capital	Personal/Equity		Θ	Θ			Θ
Accounts Payable - Emmar Supplies	Personal/Liability		Θ	Θ			Θ

Note: Since the account classification is not clear, I have considered both the traditional and the modern approach for classification.

Under traditional approach, accounts are classified into real, personal and nominal.

Under modern approach, accounts are classifed as asset, liablity, expense, income and equity.