Increase
Decrease
Increase or decrease
Appreciation
✅ The correct answer is C.
An ‘account’ records the Increase or decrease in the balance of an item. An account is an individual accounting record of increase and decrease in a specific asset, liability or stockholders equity item.
An ‘account’ records the Increase or decrease in the balance of an item. An account is an individual accounting record of increase and decrease in a specific asset, liability or stockholders equity item.