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Examveda

When capital is increased by an amount, it is recorded on the:

A. Left or credit side of the account

B. Right or debit side of the account

C. Right or credit side of the account

D. Left or debit side of the account

Answer: Option C

Solution(By Examveda Team)

When capital is increased by an amount, it is recorded on the Right or credit side of the account.

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