decrease in liability is _________
Answers
Answered by
4
Answer:
HEYATE HERE'S YOUR ANSWER
Explanation:
DECREASE IN LIABILITY IS DEBIT
HOPE IT WILL HELP YOU PLZ MRK AS BRAINLIST
DON'T FORGET TO FØLLØW ME
HV A GOOD DAY
Answered by
0
At time of retirement of partner if liabilities are decreased or if asset increases then it is debited to Revaluation A/c.
Similar questions