Vidyalelo
Commerce · Q2381

Accounting

Graduate and Post Graduate · Commerce · question 2381

Q2381

Income accrued and received' results in-

A.
Decrease in assets and increase in capital
B.
Increase in assets and increase in capital
Answer
C.
Decrease in assets and increase in liabilities
D.
Increase in assets and increase in liabilities

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board