Under the double-entry accounting system, an increase in an asset account is recorded as a:

Explanation

Core Concept: In double-entry bookkeeping, assets and expenses increase with a Debit (Dr.) and decrease with a Credit (Cr.). Context/Distractors: Liabilities, equity, and revenues increase with credits. Exam Tip/Key Fact: The fundamental accounting equation is Assets = Liabilities + Owner’s Equity.