Symbolism of Plants, Trees, and Herbs. This page is a compilation of the Symbolic Powers of the Flora Kingdom. We in no way imply or advocate that this information be used for medical or consumptive purposes.
normal account balance. Type of balance expected of a particular account based on its balance sheet classification. Normally, asset and expense accounts have debit balances, and equity, liability, and revenue accounts have credit balances. Also called normal balance.
Calculating the Total Asset Turnover. 1  1. Gather information. In order to calculate your total asset turnover, you will need to gather some information. 2  2. Determine the amount of net sales. To determine your net sales, you will need to subtract your total allowances and discounts for the year. 3  3. Determine the amount of average total assets.