Accountancy, asked by yeerj1697, 1 month ago

what relationship exist between the position of an account on the balance sheet and the rules for recording increase in the account?

Answers

Answered by prakashakash802
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:

Hope this is useful for you.

Answered by vandanasingh08252
0

Answer:

marks as brainlist first

Similar questions