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normal balance of debit
debit
Debit
d. sales
Sales Returns and Allowances
normal balance of debit
debit
Debit
d. sales
Sales Returns and Allowances
Rent expense has a debit balance as a normal balance so increase in rent will be shown by debit to rent expense.
debit
Yes it is.
liability with a credit balance
As all expenses has debit balance as normal balance and rent is also expense then rent expense also has debit balance and shown in income statement as a reduction from revenue.
As all expenses has debit balance as normal balance and rent is also expense then rent expense also has debit balance and shown in income statement as a reduction from revenue.
debit