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A debt is not the normal balance for which account listed below?

A debt is not the normal balance for which account listed below?


Select one:

a. Dividends

b. Cash

c. Accounts receivable

d. Service revenue


My friend selected D because there is 3 debit, but D is credit. However, I think it is A because it is negative OE and it is debit. In addition, this question is not clear and it makes us feel hard to understand and please help us to analyse this question thanks.

Top Answer

Service revenue has... View the full answer

8 comments
  • Consequently, the not normal balance account means the account decrease. For example, when the cash at bank decrease and it is credit, so that account is not normal balance, is that right? Since I cannot understand the question's meaning, which is the not normal balance.
    • x7788x8877x
    • Apr 05, 2018 at 1:43am
  • The question is : "A debit is not the normal balance for which account listed below?
    • dinamarcanete
    • Apr 05, 2018 at 1:45am
  • Is that the question, right?
    • dinamarcanete
    • Apr 05, 2018 at 1:46am
  • Yes.
    • x7788x8877x
    • Apr 05, 2018 at 1:46am
  • So, you need to choose the account who has a credit normal balance
    • dinamarcanete
    • Apr 05, 2018 at 1:47am
  • Oh okay, I got it, thank for your help!
    • x7788x8877x
    • Apr 05, 2018 at 1:48am
  • Every account has a normal balance. If the account increases, you need to put it in its normal balance. If it decreases, it will be in the opposite of the normal balance.
    • dinamarcanete
    • Apr 05, 2018 at 1:50am
  • Take note the accounting equation: Asset = Liabilities + Equity.... Left side of the equal sign is a debit side. Right side is the credit side. So, assets have debit normal balances. Liabilities and equity have credit normal balances. But take note also the exceptions. Dividend, expenses, contra asset account, contra liability accounts because they are opposite.
    • dinamarcanete
    • Apr 05, 2018 at 1:53am

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A debit is not the normal balance for which account listed below? A debit is not the normal balance for service revenue... View the full answer

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