Question

Building is debit or credit

Answer 1

☯ Answer :-

• Building is an asset; therefore, it has a debit balance.

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★ Why building is an asset ?

• It is because, the building gives facilities over a long period of time.

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According to the golden rules of debit and credit

➝ We debit all the assets and credit all the liabilities.

Answer 2

$\bf building \: \: \: is \: \: \: a \: \: \: debit$