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    mrucko89's Avatar
    mrucko89 Posts: 1, Reputation: 1
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    #1

    Sep 28, 2008, 07:30 PM
    Building either as a debit or a credit
    Is a building a debit or a credit?
    MLSNC's Avatar
    MLSNC Posts: 158, Reputation: 17
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    #2

    Sep 28, 2008, 07:37 PM

    Asset accounts have debit balances. Therefore the building account should have a debit balance.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #3

    Oct 15, 2008, 03:07 PM

    Asset Accounts have a normal Debit Balance. A building is considered an asset therefore it should have a Debit Balance.
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