Search SchoolNGR

Sunday, 05 April 2026
Register . Login

The correct posting in a double entry system of account when there is an increase in ...

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
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Capital and debit liabilities
  • B Liabilities and credit assets
  • C Assets and credit capital
  • D Capital and credit assets
Correct Answer: Option C
Explanation:

Share question on: