Vidyalelo
Commerce · Q210

Accounting

Graduate and Post Graduate · Commerce · question 210

Q210

When capital is increased by an amount, it is recorded on the:

A.
Left or credit side of the account
B.
Right or debit side of the account
C.
Right or credit side of the account
Answer
D.
Left or debit side of the account

Answer: Option C

Solution

Answer: Option C
Solution:
When capital is increased by an amount, it is recorded on the Right or credit side of the account.