The increase side of an account is also the side of the normal balance.

Question

Quizplus · Accepted Answer

This is a fundamental principle of accounting. Whenever an increase is made in an account, it is recorded on the same side as its normal balance. For example, the normal balance of the asset account is on the debit side. If an increase is made in the asset account, it will also be recorded on the debit side. Similarly, the normal balance of the liability and equity accounts is on the credit side, and an increase in these accounts is also recorded on the credit side.

The Increase Side of an Account Is Also the Side