Amazon.com, Inc.’s fi nancial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. LO9 Instructions

(a) Based on the information contained in the fi nancial statements, determine the normal balance of the listed accounts for each company.

Amazon Wal-Mart 1. Interest Expense 1. Product Revenues 2. Cash and Cash Equivalents 2. Inventories 3. Accounts Payable 3. Cost of Sales

(b) Identify the other account ordinarily involved when:

(1) Accounts Receivable is increased.

(2) Interest Expense is increased.

(3) Salaries and Wages Payable is decreased.

(4) Service Revenue is increased.