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

Account Type To Increase
The Account's Balance
To Decrease
The Accounts Balance
Account's
Normal Balance
Balance Sheet or
Income Statement Account
Asset Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement
Liabilities Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement
Owner's Equity (Capital) Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement
Revenue Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement
Expense Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement
Draws Debit Credit Debit Credit Debit Credit Balance Sheet Income Statement