Accounts - Classification normal balance, Accounting Normal Balance
Classification normal balance
The below is the small list of debit or credit balance which you would find in the account| Account Classification | Normal Balance |
| Assets | Debit |
| Contra asset | Credit |
| Liability | Credit |
| Contra liability | Debit |
| Owner's Equity | Credit |
| Stockholders' Equity | Credit |
| Owner's Drawing or Dividends Account | Debit |
| Revenues (or Income) | Credit |
| Expenses | Debit |
| Gains | Credit |
| Losses | Debit |
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