Accountancy, asked by praaneshsnehaa, 6 months ago

give examples for increase in one asset decrease in another asset and decrease in capital

Answers

Answered by mananmadani53
4

Answer:

you can take the example like increase in machinary and decrease in cash as we know that cash and machine both are asset and to buy machine cash will be paid so here one asset of machine is increasing while another asset of cash is decreasing.

Explanation:

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Answered by rbarman533
1

Explanation:

EffectExamplei. Increase in asset and decrease in another asseti. Sale of goods for cash. Increase in cash and decrease in goods.

ii. Decrease in liability and increase in another liabilityii. Bills payable issued to creditors. Increase in bill payable and decrease in liabilities.

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