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    the following accounts would normally carry a debit or a cre

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    I need help in order to determine whether the following accounts would normally carry a debit or a credit balance to increase the account:

    Computer equipment.
    Bonds payable.
    Common stock.
    Retained earnings.
    Cash.
    Goodwill.
    Wages expense.
    Note payable.
    Inventory.
    Tax liability.
    Patents.
    Prepaid insurance.
    Paid-in capital.
    Product sales.
    Accounts payable.
    Accounts receivable.
    Accumulated depreciation.
    Land.
    Interest income.
    Cost of goods sold.

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    https://brainmass.com/business/accounting/following-accounts-normally-carry-debit-cre-393765

    Solution Preview

    Computer equipment. Debit to increase (asset account)
    Bonds payable. Credit to increase (equity account)
    Common stock. Credit to increase (equity account)
    Retained earnings. Credit to increase (equity account)
    Cash. Debit to increase ...

    Solution Summary

    the following accounts would normally carry a debit or a credit balance to increase the account:

    $2.19

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