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-   -   What side for a revenue account,credit or debit, is its normal balance side? (https://www.askmehelpdesk.com/showthread.php?t=642516)

  • Mar 10, 2012, 07:46 PM
    tamjh3
    What side for a revenue account,credit or debit, is its normal balance side?
    Do office supplies normally have a credit or debit balance?
  • Mar 12, 2012, 06:40 AM
    pready
    Here is a guide:

    Normal Debit Balance
    D - Debits
    E - Expenses
    A - Assets
    D - Dividends

    Normal Credit Balance
    C - Credit
    U - Unearned Revenues
    R - Revenues
    L - Liabiliaties
    S - Shareholder Equity (Owners Equity)

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