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Model Paper 4 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountModel Paper 41 Mark
MCQ
Debit mean
  • A
    a decrease in asset
  • B
    an increase in the proprietor’s equity
  • ✓
    an increase in asset
  • D
    an increase in liability
✓

Answer

Correct option: C.
an increase in asset
C
an increase in asset
Explanation:
A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities.

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