The financial statements of The Hershey Company appear in Appendix B, following the financial statements for Tootsie

Question:

The of The Hershey Company appear in Appendix B, following the for Tootsie Roll in Appendix A.
Instructions
(a) Based on the information contained in these determine the normal balance for:
Tootsie Roll Industries The Hershey Company
(1) ..............(1) Inventories
(2) Net Property, Plant, and Equipment .........(2) Provision for Income Taxes
(3) Accounts Payable........... (3) Accrued Liabilities
(4) Retained Earnings ......... .......(4) Common Stock
(5) Net Product Sales ............. (5) Interest Expense
(b) Identify the other account ordinarily involved when:
(1) is increased.
(2) Notes Payable is decreased.
(3) Machinery is increased.
(4) Interest Revenue is increased.

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