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.
my instructor wrote on a cheat-sheet for us that Accumulated Depreciation has a normal side balance on the Debit side, but my Accounting 8e (Horngren, Harrison & Oliver) book says it's normal balance side is the Credit side.