Debits and Credits and the Type Of Accounts
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NOTE: Simply place your mouse cursor over an answer in each column.
There is no need to click the answer.

Account TypeTo Increase
The Account's Balance
To Decrease
The Accounts Balance
Account's
Normal Balance
Balance Sheet or
Income Statement Account
AssetDebitCreditDebitCreditDebitCreditBalance SheetIncome Statement
LiabilitiesDebitCreditDebitCreditDebitCreditBalance SheetIncome Statement
Owner's Equity (Capital)DebitCreditDebitCreditDebitCreditBalance SheetIncome Statement
RevenueDebitCreditDebitCreditDebitCreditBalance SheetIncome Statement
ExpenseDebitCreditDebitCreditDebitCreditBalance SheetIncome Statement
DrawsDebitCreditDebitCreditDebitCreditBalance SheetIncome Statement

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