Normal balance
id:
normal-balance-300-3348518
title:
Normal balance
text:
In accounting, the normal balance of an account is the preferred type of net balance that it should have. Any particular account contains debit and credit entries. The account's net balance is the difference between the total of the debits and the total of the credits. This can be a net debit balance when the total debits are greater, or a net credit balance when the total credits are greater. By convention, one of these is the normal balance type for each account according to its category. Asse
brand slug:
wiki
category slug:
encyclopedia
description:
Notational convention in accounting
original url:
https://en.wikipedia.org/wiki/Normal_balance
date created:
date modified:
2023-09-27T23:11:27Z
main entity:
{"identifier":"Q16965816","url":"https://www.wikidata.org/entity/Q16965816"}
image:
fields total:
13
integrity:
14