When a transaction causes an assets account to increase, there is?

When a transaction causes an assets account to increase, there is?
  • 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
You May Also Like