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.
Balance Sheet: Assets. Property, Plant, and Equipment. Assets of a durable nature that are to be used. in the production or sale of goods, or. rendering of services, rather than being held. for sale. Machinery, Factory Building, etc. Carried at Cost (-) Accumulated Depreciation Land on which the company conducts its operations is carried on the balance sheet at the original cost â no depreciation. Distinguish from land held for investment purposes.