The Balance Of An Account Increases On The Same Side As The Normal Balance Side

The Balance Of An Account Increases
An Account’s Balance Increases On The Same Side Is Called The Normal Balance Side (T/F)

The balance of an Account increases on the same side as the Normal Balance Side is true (T) as it is the positive or favorable side for an account.

So assets and expense accounts, owner’s drawing account and dividend accounts have normal balances on debit side and revenue, liabilities and equity accounts have normal balances on credit side.

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