David uses the following accounts in South West Airlines Service:

General Ledger:

1. Cash at Bank account

2. Cash in Hand account

3. David Capital account

4. David Withdrawals account

5. Airlines account

6. Flying Fees account

7. Accounts Receivable account

8. Advertising account

9. Fuel Oil account

10. Repairs account

11. Food Expenses account

12. Accounts Payable account

Create a table like the one below in Calc. Provide the required information for each account. The first account information has been completed as an example.

Classify each account as asset, liability, owner's equity, revenue, expenses, or withdrawal.

Indicate the increase or decrease side as debit or credit.

Indicate the normal balance side.

1. Cash at Bank account - Asset

2. Cash in Hand account Asset

3. David Capital account - Owner's equity

4. David Withdrawals account - Owner's equity contra account used for proprietorships.

5. Airlines account - Expense account on the income statement, not a balance sheet account.

6. Flying Fees account - Expense account on the income statement, not a balance sheet account.

7. Accounts Receivable account - Asset

8. Advertisement account - Expense account on the income statement, not a balance sheet account.

9. Fuel Oil account - Expense account on the income statement, not a balance sheet account.

10. Repairs account - Expense account on the income statement, not a balance sheet account

11. Food Expenses account - Expense account on the income statement, not a balance sheet account

12. Accounts Payable account - liability.

You listed a expense items on the income statement. They would only be on the balance sheet if they were accrued liabilities.