Normal Balance

Card Set Information

Author:
Elliott108nl
ID:
196427
Filename:
Normal Balance
Updated:
2013-01-29 20:16:15
Tags:
Balance Debit Credit
Folders:

Description:
Which account types are normal debit or normal credit. Exceptions are Contra accounts.
Show Answers:

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  1. Assets
    Debit
  2. Expenses
    Debit
  3. COGS
    Debit
  4. Revenue
    Credit
  5. Liability
    Credit
  6. Equity
    Credit

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