When Capital is increased by an amount, it is recorded on the: ( Right or credit side of the account - Left or credit side of the account )

Question

مستخدم محذوف‎ · Answer

Left or credit side of the account

Muhammad Nouman Shafique Awan · Answer

right/credit side..
the logic behind is that the company owe money to the owner..
same as the case in increase in liability which is also credited in accounts.

Bilal Yaqoob · Answer

Right or credit side of the account

Nouman Masood · Answer

On the credit side of the capital account.

Mohamed Abdelrahman · Answer

Right or credit side of the account

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When Capital is increased by an amount, it is recorded on the: ( Right or credit side of the account - Left or credit side of the account )

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