Which of the following accounts has a normal debit balance?

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Multiple Choice

Which of the following accounts has a normal debit balance?

Explanation:
Normal balances come from the type of account. Assets and expenses normally have debit balances, while liabilities, equity, and revenue normally have credit balances. Cash is an asset, so its normal balance is a debit; increases in cash are recorded with debits and decreases with credits. Revenue increases with credits, giving it a normal credit balance. Accounts payable and notes payable are liabilities and increase with credits, so they also have normal credit balances. Therefore, cash is the account with a normal debit balance.

Normal balances come from the type of account. Assets and expenses normally have debit balances, while liabilities, equity, and revenue normally have credit balances. Cash is an asset, so its normal balance is a debit; increases in cash are recorded with debits and decreases with credits. Revenue increases with credits, giving it a normal credit balance. Accounts payable and notes payable are liabilities and increase with credits, so they also have normal credit balances. Therefore, cash is the account with a normal debit balance.

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