أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
A. increase total assets and decrease total liabilities. B. have no effect on total assets or total liabilities. C. increase total assets and increase total liabilities. D. increase total assets and increase owner’s equity
The answer will be C, because JV will be as under:
Assets a/c Dr.
To Supplier
Debit asset means add assets and credit liability means add liability
C
(c)
