The fi nancial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of VF Corporation are presented in Appendix C. LO9 Instructions

(a) Based on the information contained in these fi nancial statements, determine the normal balance for:

Columbia Sportswear VF (1) Accounts Receivable (1) Inventories (2) Net Property, Plant, and Equipment (2) Income Taxes (3) Accounts Payable (3) Accrued Liabilities (4) Retained Earnings (4) Common Stock (5) Net Sales (5) Interest Expense

(b) Identify the other account ordinarily involved when:
(1) Accounts Receivable is increased.
(2) Notes Payable is decreased.
(3) Equipment is increased.
(4) Interest Revenue is increased.