A Debit Increase Asset is a business term that refers to an increase in the value of an asset. It’s an accounting term used in double-entry bookkeeping to indicate when money has been paid for something or when money has been loaned out. When a Debit Increase Asset transaction is recorded, the amount of money increases on the balance sheet along with the value of the asset. This is important because it provides businesses with an accurate record of their finances and allows them to track any changes in asset values over time.