Symbolism of Plants, Trees, and Herbs. This page is a compilation of the Symbolic Powers of the Flora Kingdom. We in no way imply or advocate that this information be used for medical or consumptive purposes.
normal account balance. Type of balance expected of a particular account based on its balance sheet classification. Normally, asset and expense accounts have debit balances, and equity, liability, and revenue accounts have credit balances. Also called normal balance.
U.S. Government Standard General Ledger Chart of Accounts Account Normal Number Title Balance 1000 ASSETS (continued) INVENTORY AND RELATED PROPERTY (continued) 1521 Inventory Purchased for Resale Debit 1522 Inventory Held in Reserve for Future Sale Debit 1523 Inventory Held for Repair Debit