Accountancy, asked by jatindersinghji1973, 11 months ago

capital is increased by accounting ​

Answers

Answered by priyapayal0011
0

Answer:

for an expense account, you debit to increase it, and credit to decrease it. for an asset account, you debit to increase it and credit to decrease it. for a liability account you credit to increase it and debit to decrease it. for a capital account, you credit to increase it and debit to decrease it.

Answered by dalalmanjula030606
0

Answer:

for an expense account, you debit to increase it, and credit to decrease it. for an asset account, you debit to increase it and credit to decrease it. for a liability account you credit to increase it and debit to decrease it. for a capital account, you credit to increase it and debit to decrease it.

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