The financial statements of Apple Inc. in Appendix A contain the following selected accounts, all in thousands of dollars. Click here to view Appendix A.

Common Stock		$35,867
Accounts Payable		49,049
Accounts Receivable		17,874
Selling, General, and Administrative Expenses		15,261
Inventories		4,855
Net Property, Plant, and Equipment		33,783
Net Sales		229,234

(a)

What is the increase and decrease side for each account? What is the normal balance for each account?

Account		Increase Side		Decrease Side		Normal Balance
Common Stock
Accounts Payable
Accounts Receivable
Selling, General, and Administrative Expenses
Inventories
Net Property, Plant, and Equipment
Net Sales