In a double-entry accounting system, which type of account is typically recorded in the right-hand column?

In the context of double-entry accounting, the correct type of account that is typically recorded in the right-hand column is equity.

In double-entry accounting, every transaction affects at least two accounts, maintaining the accounting equation: Assets = Liabilities + Equity. Accounts are generally classified into categories such as assets, liabilities, and equity. The right-hand column usually represents the credit side of an entry, which is where increases to liabilities and equity are recorded.

Equity accounts, which reflect the owner's interest in the company, include items like stock and retained earnings. These accounts increase when the business earns profits or when new investments are made, hence they align with the credits typically placed in the right-hand column.

In contrast, asset accounts (found mostly in the left-hand column) represent resources owned by the business, while liability accounts record obligations the business owes, and while they can also appear in the right-hand column, they do not represent the ownership perspective inherent in equity accounts. Safety stock, although related to inventory management, is not classified as a formal account type in double-entry bookkeeping and does not belong to the standard account categories.