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    tamjh3's Avatar
    tamjh3 Posts: 3, Reputation: 1
    New Member
     
    #1

    Mar 10, 2012, 07:46 PM
    What side for a revenue account,credit or debit, is its normal balance side?
    Do office supplies normally have a credit or debit balance?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 12, 2012, 06:40 AM
    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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