| A | B |
|---|
| What is the normal balance of an asset account? | Debit account balance |
| What is the normal balance of a liability account? | Credit account balance |
| What is the normal balance of a capital account? | Credit account balance |
| What is the normal balance of a contra capital account? | Debit account balance |
| What is the normal balance of a revenue account? | Credit account balance |
| What is the normal balance of an expense account? | Debit account balance |
| What account side increases an asset account balance? | Debit side |
| What side increases an asset account balance? | Credit side |
| What side increases a liabiity account balance | Credit side |
| What side creases a liability account balance | Debit side |
| What side increases 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 creases the expense account balance? | Credit side |
| What is the left side of any account called? | Debit side |
| What is the right side of any account called? | Credit |
| Will a debit to cash increase or decrease the balance? | Increases Cash balance |
| Will a credit to cash increase or decrease the balance? | Decrease Cash balance |
| Will a debit to Supplies increase or decrease the balance? | Increase Supplies balance |
| Will a credit to Supplies increase or decrease the balance? | Decrease Supplies balance |
| Will a debit to Owner's Capital account increase or decrease the balance? | Decrease Capital balance |
| Will a credit to Onwer's Capital increase or decrease the balance? | Increase Capital balance |
| Will a Credit to K. Supply Co. (liability) increase or decrease the balance? | Increase K. Supply Co. balance |
| Will a debit to K. Supply Co. (liability) increase or decrease the balance? | Decrease K. Supply Co. balance |
