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.
Assets represent something of value a company owns that can be converted to cash. The total asset turnover ratio uses average total assets in the calculation. You calculate average total assets by adding beginning total assets for a period to ending total assets for a period and dividing the resulting sum by two.ssets represent something of value a company owns that can be converted to cash. The total asset turnover ratio uses average total assets in the calculation. You calculate average total assets by adding beginning total assets for a period to ending total assets for a period and dividing the resulting sum by two.