Business Studies, asked by Ayazkhan22779900, 2 months ago

What relationship exist between the position of an account on the balance sheet and the rules for recording increase in that account.

Answers

Answered by Anonymous

0

The relationship is as follows:

Assets= Liabilities+ Owners’ Equity

If an account is an asset account, all asset accounts usually have debit balances; in order to record an increase the account needs.

Previous Question

Next Question

Similar questions

Math, 1 month ago

In ∆ABC, AB = AC , ∠A = 5y + 20° and each base angle is 2 /5 th of the ∠A . Find ∠A .

Math, 1 month ago

Using the combination of commutativity and associativity simplify: 5 x 45 x 20 please do it quickly and i need all of the steps its for my maths exam that i have to submit in 15mins...

Math, 1 month ago

9÷2/5=? Please say this question ...

English, 2 months ago

Rewrite the following sentences using the past tense of the underline words one is done for you class 6 the truck collides with a bus on the highway...

English, 2 months ago

D Write three rhyming words for each of these words from the poem. 1. ferry 2. pile 3. cone 4. all 5. slip 6. down 7. hear 8. run...

Hindi, 9 months ago

मेरे ब्रेनली एप में मेरा माइक्रोफोन सारी चीज हिंदी में रिकॉर्ड कर रहा है फिर मुझे इंग्लिश में चाहिए प्लीज कोई मुझे बताएं कि मैं उसको चेंज इंग्लिश लैंग्वेज में कैसे करें ...

Chemistry, 9 months ago

which metal or non-metal is used for preventing spoilage of food.

Math, 9 months ago

Find the value of x that makes the following statement correct. √8x × √2x = 144...