When goods destroyed by fire ……………
A. one would decrease – another would increase.
B. one would decrease – another would decrease.
C. decrease in asset – decrease in liability.
D. decrease in asset – decrease in capital.
Answer:D
When goods destroyed by fire ……………
A. one would decrease – another would increase. B. one would decrease – another would decrease. C. decrease in asset – decrease in liability. D. decrease in asset – decrease in capital.