This question was asked in Rules for Debit Credit

I really don't get it by what you mean by liabilities or assest being increased or decreased.

Dibyo Kalita

June 15, 2017, 12:41 a.m.

Answers!

Ankit Rathi

June 15, 2017, 12:55 a.m.

Liabilities means our responsibility to pay that amt and assets means our worth

Increased nd decreased means prise goes up nd down

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