Question

If an individual asset is increased, there will be a corresponding (a) Increase of another asset or increase of capital (b) Decrease of another asset or increase of liability (c) Decrease of specific liability or decrease of capital (d) Increase of drawings and liability

Answer 1

If an individual asset is increased, there will be a corresponding Increase of drawings and liability.

So, the answer is :-

[D] Increase of drawings and liability ✓✓

Answer 2

Hello Friend

ans

Option.D

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