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What else can I help you with?
Does assets account have a debit balance or a credit balance?
debit
Does inventory account have a normal debit balance?
Inventory is an asset account. They normally have a debit balance.
What account has a normal debit balance?
debit
Is a bank account balance shown as a debit?
No, a debit is a with-drawl from your account.
Is equipment a debit or credit balance account?
equipment is a fixed asset.so it's a Debit balance account.
Does assets account have a debit balance or a credit balance?
debit
Does a debit iincreasse a cash account?
Cash account has a debit as a normal balance so debit increases the cash account and credit reduces the cash account which is reverse of debit balance.
Does inventory account have a normal debit balance?
Inventory is an asset account. They normally have a debit balance.
What account has a normal debit balance?
debit
Is a bank account balance shown as a debit?
No, a debit is a with-drawl from your account.
What is debit balance of profit and loss account?
Debit balance of Profit & Loss Account represents "Loss"
Is equipment a debit or credit balance account?
equipment is a fixed asset.so it's a Debit balance account.
Why does purchases account have a debit balance?
Either you can consider purchase is an expense and a debit balance or an asset an a debit balance
What type of account is the sundry creditors?
sundry creditors is a personal account. the rule applying would be debit the reciever, credit the giver
Is an owner's drawing account a debit balance?
debit
Does inventory have a credit or debit balance account?
Debit
Which account represents a debit balance on a ledger account?
assets have debit balances.
