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    schoolboy202's Avatar
    schoolboy202 Posts: 1, Reputation: 1
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    #1

    Mar 11, 2009, 11:17 AM
    Normal balances on a trial balance
    What is a normal balances on a trial balance
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 11, 2009, 02:17 PM

    The following accounts have a normal Debit Balance: Expenses, Assets, Dividends

    The following accounts have a normal Credit Balance: Revenues, Unearned Revenues, Liabilities, Owners' Equity or Shareholders Eqquity
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