Accountancy, asked by jeetendrasahu894, 4 months ago

Purchase of furniture on credit means
(a) Decrease in asset and increase in liability.
(6) Increase in asset and increase in liability,
(C) Increase in asset and decrease in liability.
d) Decrease in asset and decrease in liability

Answers

Answered by smrititripaathi

8

Answer:

Increase in asset and increase in liability. (b) is your correct answer...

Answered by harshdayalgaming

0

Answer:

a) Decrease in asset and increase in liability.

Explanation:

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