View Policies Current Attempt in Progress You are presented with the following alphabetical list of selected items from the financial statements of Reitmans (Canada) Limited: Income tax expense Accumulated depreciation Administrative expenses Income taxes recoverable Buildings Common shares, beginning of year Cost of goods sold Inventories Prepaid expenses Retained earnings, beginning of year Sales Trade and other payables Trade and other receivables Dividends declared Finance income Goodwill For each of the above accounts, identify the following: (a) For each of the above accounts, identify (1) whether the account is increased by a debitor a credit and (2) the normal balance of the account For each of the above accounts, identify (1) whether the account is increased by a debit or the account. Account (1) Increases By (2) Normal Balance Accumulated depreciation Administrative expenses Common shares, beginning of year > Cost of goods sold Dividends declared Finance income > Goodwill > > Income tax expense Sales Trade and other payables Trade and other receivables Save for Later Attempts: 0 of 1 MacBook Air so . F4 > & 99 52 # 3 DI BB $ 4 A 6 & 7 8 C 9 W E QC