An account balance that, based on certain factors or classifications, is expected of that particular account. Also called normal balance.
Related information about normal account balance:
- What is normal account balance? - BusinessDictionary.com
Definition of normal account balance: Type of balance expected of a particular account based on its balance sheet classification. Normally, asset and expense ...
- normal account balance definition | AccountingCoach.com
The debit or credit balance that would be expected in a specific account in the general ledger. For example, asset accounts and.
- What is the normal balance for an account? - Questions & Answers ...
Jul 2, 2011... that is the reverse of the normal balance for an equity account. Similar Terms. A normal balance is also known as a normal account balance.
- What is normal account balance? - InvestorWords.com
Definition of normal account balance: An account balance that, based on certain factors or classifications, is expected of that particular account. Also called ...
- Rules of Debits and Credits - Austin Community College
The normal account balance reflects the increase to the account. For example, the asset cash is increased with a debit and has a normal debit balance.
- What Is the Normal Balance of a Sales Account? | eHow.com
... recording process is more complex than the processes for other accounts. By understanding how the account works, you can put the normal account balance ...
- What is the normal account balance for the accounts payable ledger ...
What is the normal balance for an account payable? liabilities vs current assets ( Income Statement ). At no time the balance should be negative. If so. What is ...
- Capturing Economic Events
All Accounts have a normal account balance - the balance they would have if increases to the account are more than decreases to the account. If the account ...