Chapter Two $-$ Manual Homework Assets $=$ Liabilities $+$ Owner's Equity $($Rev $($Inc$),$ Exp$($Dec$))$

Left $($Debit$)$ side $=$ Right $($Credit$)$ side

Increase side Increase side $($Must then decrease on the other side$)$

For each of the following accounts indicate the $($a$)$ type of account, effect

$($Increase$/$Decrease$)$ of $($b$)$ a debit or $($c$)$ credit on the account, and $($c$)$ do we expect a final

debit or credit balance in the account $($Normal Balance$).$