\\ Debit and Credit Procedures \\ CORNERSTONE 2.3 \\ CORNERSTONE 2.4 \\ Refer to the accounts listed below.

}

a. Accounts Payable

b. Accounts Receivable

c. Retained Earnings

d. Sales

e. Equipment

f. Common Shares g. Salary Expense h. Repair Expense \section*{Required:}
For each of the accounts, complete the following table by entering the normal balance of the account (debit or credit) and the word increase or decrease in the debit and credit columns.

Cornerstone Exercise

Transcribed Image Text:

Account Normal Balance Debit Credit