Accountancy, asked by sujalmahajan79paz6pd, 8 months ago

Frame a transaction in which capital is decreasing and liability is increasing

Answers

Answered by mishraaanya05
0

Answer:

Hay here is your answer

A business transaction may increase the liabilities on the one hand and decrease the capital on the other hand

Transaction:

Conversation of share capital into debentures

Affect:

Explanation:

In this case capital (share capital) decrease and liabilities (debentures) increase

hope it will help you

Similar questions