Symptoms of a hiccup. Some of the signs and symptoms accompanying a hiccup caused due to a diaphragm spasm are listed below: Hiccups may occur as an audible squeak, chirp, or a âhicâ sound. If it is suppressed, then patients may elicit a quick inhaling sniff, sigh, or gasp.
Equity accounts, like liabilities accounts, have credit balances. This means that entries created on the left side (debit entries) of an equity T-account decrease the equity account balance while journal entries created on the right side (credit entries) increase the account balance.
Both owner's equity and stockholders' equity accounts will normally have credit balances. Contra owner's equity accounts are a category of owner equity accounts with debit balances. (A debit balance in an owner's equity account is contraryâor contraâto an owner's equity account's usual credit balance.) An example of a contra owner's equity account is Mary Smith, Drawing (where Mary Smith is the owner of the sole proprietorship). An example of a contra stockholders' equity account is Treasury Stock.