| A | B |
|---|
| What is the normal balance of an asset account? | debit balance |
| What is the normal balance of a liability account? | credit balance |
| What is the normal balance of a capital account? | credit balance |
| What is the normal balance of a contral capital account? | debit balance |
| What is the normal balance of a revenue account? | credit balance |
| What is the normal balance of an expense account? | debit balance |
| What account side increases an asset account balance? | debit side |
| What side decreases an asset account balance? | credit side |
| What side increases a liability account balance? | credit side |
| What side decreases a liability account balance? | debit side |
| What side increase a capital account balance? | credit side |
| What side decreases a capital account balance? | debit side |
| What side increases a revenue account balance? | credit side |
| What side decreases the revenue account balance? | debit side |
| What side increases the expense account balance? | debit side |
| What side decreases the expense account balance? | credit side |
| What is the left side of any account called? | debit |
| What is the right side of any account called? | credit |
| debit to cash account | increases cash balance |
| credit to cash account | decreases cash balance |
| debit to supplies account | increases supplies balance |
| credit to supplies account | decreases supplies balance |
| debit to owner's capital | decreases capital balance |
| credit to owner's capital | increases capital balance |
| credit to K.Supply Co.(liab.) | increases K.Supply Co. balance |
| debit to K.Supply Co. (liab.) | decreases K.Supply Co. balance |
