Find the odd one: Increase in Building, Increase in Machinery, Decrease in Furniture, Increase in Bills Receivable.

Q.1 (D) (3) Find the odd one: Increase in Building, Increase in Machinery, Decrease in Furniture, Increase in Bills Receivable.

Doubtly Asked 29 Oct 2026 Board exam · July 2024 hsc 12th Save WhatsApp Report

1 answer

Best answer

Answer: Decrease in Furniture

Increase in the value of assets is a gain (credited to Profit and Loss Adjustment Account). Decrease in furniture is a loss and is debited.

Doubtly AI · 29 Oct 2026 AI-generated · not yet verified Report

Was this answer helpful?