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What entry is used to decrease an asset account?

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Question ajoutée par Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
Date de publication: 2015/08/08

Credit .............................................................

Golam Mahiuddin Mahiuddin
par Golam Mahiuddin Mahiuddin , Deputy Manager Audit , JSJVL (Jamuna Gas)

Assets account ......credit

Ahmer Zamir
par Ahmer Zamir , Consultant , Saleem Associates & Co

The correct option is2) Credit

Credit entry is used to decrease the asset.

Md. Moshiur Rahman Sumon
par Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

Credit is the road to decrease an asset account.

2. Credit is correct answer.................

Imdad Hussain Rajput
par Imdad Hussain Rajput , Assistant Sales Manager , Forego

Credit is correct answer......

mohamed soliman
par mohamed soliman , General Manager , Al Babtain Group

2. Credit...................

Mohammed Asim Nehal
par Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

Credit ............................

Said Shaban
par Said Shaban , Accountant , Tri State Materials Testing

The correct answer is :2- Credit

Milos Vasic
par Milos Vasic , Trainer , IT Trainer( English & Arabic)

Credit but must take into account that the currency is in question and what is the state of that currency at a given moment, in Serbia have a lot of examples where citizens took loans in Swiss francs and behold, now have even5 times more to contribute to repay the loan installment, so place100 now have to pay even500! (I cited as an example)

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