NSC Accounting Practice Questions - National Senior Certificate (NSC) Accounting - Grade 12 (CAPS) Exam

In double-entry accounting, an increase in an asset account is recorded as a:

Credit entry Debit entry Both a debit and a credit to the same account Contra entry to equity only

Correct Answer:

Debit entry

Access more questions from this quiz

Continue to NSC Accounting Practice Questions - National Senior Certificate (NSC) Accounting - Grade 12 (CAPS) Exam for more practice questions and the full quiz experience.

Access More Questions