an increase to an asset account is shown with a and increased to a liability account...

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an increase to an asset account is shown with a and increased to a liability account is shown with a

Saved An increase to an asset account is shown with a An increase to a liability account is shown with a Multiple Choice Debit; Debit Credit; Debit Debit; Credit Credit, Credit

business accounting

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Answer 1

Answer #1

Answer: Debit ; credit

An increase to an asset account is shown with a Debit and increased to a liability account is shown with A credit

Explanation to the answer:

A asset account has a debit balance and An increase to an asset account is shown with debit balance

A liability account has a credit balance and An increase to an liability account is shown with credit balance

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Answer 2

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