The correct posting in a double entry system of account when there is an increase...
FINANCIAL
JAMB 2012
The correct posting in a double entry system of account when there is an increase in double assets, expenses, capital or liabilities is to debit
- A. capital and debit liabilities
- B. liabilities and credit assets
- C. assets and credit capital
- D. capital and credit assets
Correct Answer: C. assets and credit capital
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