karishma19 karishma19
  • 21-03-2021
  • Business
contestada

v. An increase in one asset, a decrease in another asset and an
increase in one liability.​

Respuesta :

ahsan57900 ahsan57900
  • 26-03-2021

Answer:

Due to direct relationship between asset and liability.

Explanation:

Yes, increase in one asset will cause a decrease in another asset and an  increase in one liability because of the direct relation between asset and liability and inverse relation between two asset. Direct relationship means if increase occurs in one thing or factor so the other factor also increases whereas if decrease occur in one thing or factor also decrease the other factor so if one asset is increases the liability is also increases.

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