Question

relationship between position of an account on the balance sheet and the rulesfir recirding increases in that amount​

Answer 1

Answer:

Assets are located on the left side of the balance sheet equation; an increase in an asset account is recorded by an entry on the left (or debit) side of the account.

Answer 2

Answer:

Assets are located on the left side of the balance sheet equation; an increase in an asset account is recorded by an entry on the left (or debit) side of the account.

Explanation:

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