Common Stock: debit or credit?
Common Stock increases on the credit side and decreases on the debit side: its normal balance is a credit.
Equity is the owners’ claim on the business: capital, reserves and retained profit. It increases with a credit.
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) | Common Stock |
| Spain (PGC 2007) | 100 Capital social |
| France (PCG 2025) | 1013 Capital souscrit - appelé, versé |
| Germany (generic accounts) | Gezeichnetes Kapital |