DEBIT AND CREDIT PROCEDURES Refer to the accounts listed below.

a. Accounts Receivable

b. Retained Earnings

c. Sales

d. Accounts Payable

e. Repair Expense

f. Equipment g. Common Stock h. Salary Expense 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.

Account Normal Balance Debit Credit Cornerstone Exercise