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romanna [79]
3 years ago
9

What is the normal balance side of an asset?

Engineering
1 answer:
Mademuasel [1]3 years ago
8 0
The normal balance for asset and expense accounts is the debit side, while for income, equity, and liability accounts it is the credit side. An account's assigned normal balance is on the side where increases go because the increases in any account are usually greater than the decreases
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