Give an example of decrease in an asset & decrease in a liability.
(i) Increase in one asset, decrease in another asset. (ii) Increase in asset, increase in liability. (iii) Increase in asset, increase in owner's capital. (iv) Decrease in asset, decrease in liability. (v) Decrease in asset, decrease in owner's capital. (vi) Decrease in liabilities, increase in owner's capital. (vii) Increase in one liability, decrease in another liability. (viii) Increase in liabilities, decrease in owner's capital.
