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What is the normal balance for liability accounts? debit credit?

Accounting
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Question added by Deleted user
Date Posted: 2013/06/24
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Mohammad Feroz Al Azad
by Mohammad Feroz Al Azad , Head of ORM, And Head of ICC (Internal Control & Compliance , Brac Bank Limited

Credit

Irfan Haider
by Irfan Haider , Executive Officer , kpmg

credit

Saad Bin Asghar
by Saad Bin Asghar , Accounts and Finance Manager , Eastern Biotech and Life Sciences

credit

manaf almas
by manaf almas , Auditor , DAR AL NUZUM PUBLIC ACCOUNTANTS

credit

Deleted user
by Deleted user

Credit

SALIK RAFIQUE
by SALIK RAFIQUE , Lecturer , PAC Group of Colleges

Credit is a favourable balance of Liability.

AYMAN EL KASHLAN
by AYMAN EL KASHLAN , ACCOUNTS MANGER , MODERN OFFICE FOR POULTERY

CREDIT BUT IF DEIBT IT WILL BE RED IN COMPUTER OR BETWEEN BRACTIS IN MANULA ACCOUNTS

Anwar Najmaddin Hassan حسن
by Anwar Najmaddin Hassan حسن , Financial Analyst , Alrajhi Banking & Investment Corp.

the normal balance of Libility Accounts are credit.

Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

credit

Santhosh Kumar Gopinath
by Santhosh Kumar Gopinath , Finance Manager , Arab Financial Services Company B.S.C (c), (Subsidiary of Arab Banking Corporation, Bahrain)

credit balance

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