Business Studies, asked by shivanimaske9901, 11 months ago

Give an example of a transaction which affect on two items on the assets side

Answers

Answered by shamimraj42
1

Answer:

Purchase of Assets (i,e..Land,Building, Gooodwill..etc)

Explanation:

Purchases of Assets

  • Purchase of Assets will impact (i.e..Increases) on the assets side
  • it will also impact (i,e.. Decreases) Cash or Bank balance.

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