A Debit Is Not The Normal Balance For Which Account

The Normal Balance Of Service Revenue

A Debit Is Not The Normal Balance For Which Account Listed Below:

Service Revenue

Service Revenue has normal balance on credit side or right side of T-Account. So debit side or left side is not the normal side for the service revenue.

A Credit Is The Normal Balance For Which Account?

On the credit side or the right side of a t-account, service revenue increases and on debit side or left side of t-account, it decreases as on such side it has negative or unfavorable balance. For example, fees earned means that the business earned the service revenue, so it increases with a credit.

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