Exercise A In the following table, indicate how to increase or decrease (debit or credit) each account, and indicate its normal balance (debit or credit).

Increased Decreased Normal

by by Balance

(debit or credit) (debit or credit) (debit or credit)

Title of Account

Merchandise Inventory

Sales

Sales Returns and Allowances

Sales Discounts

Accounts Receivable Purchases

Purchase Returns and Allowances

Purchase Discounts

Accounts Payable

Transportation-In