Land: debit or credit?
Land increases on the debit side and decreases on the credit side: its normal balance is a debit.
Assets are resources the business controls. They increase with a debit.
Name in each convention
Account names and codes follow each convention; an account that does not exist in a convention is not offered there.
| Convention | Account |
|---|---|
| United States (US textbooks) | Land |
| Spain (PGC 2007) | 210 Terrenos y bienes naturales |
| France (PCG 2025) | 211 Terrains |
| Germany (generic accounts) | Grundstücke |