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O-LevelAccountingSources and recording of data7707/11 · May/June 2011 · Q21 Mark

Which would be recorded by a credit entry in an account?

Adecrease in capital
Bdecrease in liabilities
Can increase in assets
Dan increase in capital

✓ Correct answer

D: an increase in capital

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About this question

Topic
Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2011 Paper 1 Variant 1, question 2.

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