When the electricity bill is paid, the value of capital will .

increase

No worries! We‘ve got your back. Try BYJU‘S free classes today!

decrease

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

not change

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B decrease
When the electricity bill is paid, the value of capital will decrease as it is an expense for the business and expenses reduce capital.

Suggest Corrections

Similar questions

Which accounts will be credited when electricity bill pertaining to the current month is not paid till the end of the month?

Join BYJU'S Learning Program