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Willard Bayer

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2y ago

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Related Questions

What is normal balance of a revenue?

All revenue accounts has credit balance as a normal balance


What is the normal balance of rent revenue?

Rent is a revenue account and like all revenue accounts it has credit balance as normal balance.


Normal Balance of a revenue?

what is the normal balance of a revenue account If your just looking for the term...it's Credit...


Is service revenue a debit or cedit?

Services revenue is also a revenue and like all revenue accounts which have credit balance as normal balance, services revenue also has a credit balance.


What is the normal balance of a revenue called?

credit


Are revenue accounts increased by credits?

Revenue accounts have credit balance as a normal balance so credit is the way to increase the revenue account.


Is product sales normally debit or credit?

Sales revenue has a credit balance as a normal balance so product sales also has credit balance as normal balance.


The normal balance of revenue accounts is a credit?

True.


Does interest revenue have a normal debit balance?

No, Interest Revenue is income and would normally have a credit balance.


Is revenue a cash or debit?

Revenue is always credit as all revenue accounts has credit balance as normal balance and cash received or accounts receivable is debit against it.


What is type of sale?

Sales is a revenue account and has a credit balance as a normal balance.


Is performed services a credit or debit?

Performed services is a revenue account and revenue account has credit balance as normal default balance so services performed also has credit balance.