1. Home
  2. Flashcards
  3. Preview

Normal Balance

  1. Assets
    Debit
  2. Expenses
    Debit
  3. COGS
    Debit
  4. Revenue
    Credit
  5. Liability
    Credit
  6. Equity
    Credit
Author
Elliott108nl
ID
196427
Card Set
Normal Balance
Description
Which account types are normal debit or normal credit. Exceptions are Contra accounts.
Updated

  1. Home
  2. Flashcards
  3. Preview