Increase And Decrease In Asset Is Recorded As What?

An Increase In An Asset Is Recorded By A Debit

An increase in Asset is recorded as a debit according to the Rules of Debit And Credit.

Assets normally have debit balance on debit side of T-Account. These are recorded on the balance sheet on assets side.

A Decrease In An Asset Is Recorded By A Credit

The decrease in an asset is recorded by a credit as credit balance is unusual balance / unfavorable balance for assets, so these types of accounts are decreased on the credit side of their t-accounts. For example, when the company paid rent expense, then cash as a current asset decreases.