The classification and normal balance of the supplies expense account is a(n)
A) asset with a debit balance
B) asset with a credit balance
C) expense with a debit balance
D) liability with a credit balance

Question

Quizplus · Accepted Answer

The supplies expense account is classified as an expense account, which has a natural debit balance. This means that when supplies are purchased or used, the account will be debited (increased) to reflect the expense. Therefore, the normal balance for supplies expense account is a debit balance.

The Classification and Normal Balance of the Supplies Expense Account