Accountancy, asked by thangneo98, 8 months ago

increase in one asset decrease in another asset​

Answers

Answered by Anonymous
3

\huge\mathbb\purple {♡AnSwEr◉}

increase in one asset and decrease in another asset ,the statements like;

  • purchase goods for cash
  • sold goods for credit to viswan enterprises
  • sale of fixed assets for cash

there are many transactions like this type of increase and decrease of assets.

try to find out more...

hope this helps.

Similar questions