Increase And Decrease In Asset Is Recorded As What?
An Increase In Asset Is Recorded As A 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.
A Decrease In Asset Is Recorded As A What? / A Decrease In An Asset Is Recorded By A Credit
The decrease in asset is recorded by a credit as credit balance is unusual balance for assets, so these are decreased on the credit side of t-account.
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