Accounting Equation

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Assets = Liabilities + Equity


Therefore:

All asset accounts   =   All liability accounts   +   All equity accounts
Dr Cr Dr Cr Dr Cr
Increases

Normal
Balance
Decreases Decreases Increases

Normal
Balance
Decreases Increases

Normal
Balance
Expense accounts      Income accounts
Dr Cr Dr Cr
Increases

Normal
Balance
Decreases Decreases Increases

Normal
Balance