Accountancy, asked by Ishasachdeva1234, 10 months ago

give an example of the transaction... increase in assset ,decrease in asset & increase in liability.
guys mainu iss question da answer de do!!##
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Answers

Answered by hitanshgupta556677
1

Answer:

For example, when a company borrows money from a bank, the company's assets will increase and its liabilities will increase by the same amount. When a company purchases inventory for cash, one asset will increase and one asset will decrease

Explanation:

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