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The classification and normal balance of the dividend account is?
Wiki User
∙ 12y ago
stockholders' equity with a debit balance
Wiki User
∙ 12y ago
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Is the normal balance of the dividend account is a credit?
yes
The classification and normal balance of the accounts payable account is?
The classification of Accounts Payable is liability, and a current liability, it has a normal credit balance, and is found on the Balance Statement as a permanent account.
The classification and normal balance of the supplies expense account is a or an?
liability with a credit balance
What is the classification and normal balance of the supplies expense account?
debit
What is the normal balance of a withdrawal?
Drawings account has a normal balance as a reverse of owners equity account which is debit balance as a normal balance.
Is the normal balance of the dividend account is a credit?
yes
The classification and normal balance of the accounts payable account is?
The classification of Accounts Payable is liability, and a current liability, it has a normal credit balance, and is found on the Balance Statement as a permanent account.
What is classification and normal balance of the drawing account?
The classification and normal balance of the drawing account is the owner's equity with a debit balance. A balance sheet is a summary of a company's liabilities and assets, as well as the shareholders' equity.
The classification and normal balance of the supplies expense account is a or an?
liability with a credit balance
What is the classification and normal balance of the supplies expense account?
debit
What is the normal balance of a withdrawal?
Drawings account has a normal balance as a reverse of owners equity account which is debit balance as a normal balance.
What is the normal account balance of Income Summary?
It has no normal balance.
What is the normal balance of drawing?
Drawings is a contra account. Debit is the normal balance of Drawing account.
What is the normal balance of a additional paid-in capital account?
Additional Paid-in Capital is a normal credit balance account.
What is the normal balance of the merchandise inventory account?
Merchandise Inventory is an asset account, so the normal balance is Debit.
What is the normal balance of a cash account?
Cash account normally has debit balance.
What is the normal balance of a liabilty account?
A liability account normally has a credit balance.
