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Wednesday, 08 April 2026
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When a transaction causes an assets account to increase, there is?

When a transaction causes an assets account to increase, there is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A decrease of equal amount inthe owner's equity account
  • B An increase in a liability account
  • C An increase of equal amonut in another assets account
  • D A decrease of equal amount in a liability account
Correct Answer: Option B
Explanation:

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