Analyse the following transactions, state the nature of accounts and state which account will be debited and which account will be credited: 1. Deposited cash into bank for opening an account ₹ 50,000 2. Withdrew cash for personal use ₹ 10,000 3. Withdrew cash from bank for office use ₹ 20,000 4. Received a cheque from debtor Shyam ₹ 20,000 5. Paid to a creditor Mahesh by cheque ₹ 10,000 6. Paid interest on loan ₹ 12,000

Analyse the following transactions, state the nature of accounts and s

1.	Analyse the following transactions, state the nature of accounts and state which account will be debited and which account will be credited: 1. Deposited cash into bank for opening an account ₹ 50,000 2. Withdrew cash for personal use ₹ 10,000 3. Withdrew cash from bank for office use ₹ 20,000 4. Received a cheque from debtor Shyam ₹ 20,000 5. Paid to a creditor Mahesh by cheque ₹ 10,000 6. Paid interest on loan ₹ 12,000
Answer» tion:Analyse the following TRANSACTIONS, state the nature of accounts and state which account will be debited and which account will be credited: {:(,,,"₹"),(1.,"Anuj started business with cash",,1","00","000),(2.,"Deposited cash into bank for opening an account",,50","000),(3.,"Withdrew cash for personal use",,5","000),(4.,"Withdrew cash from bank for office use",,10","000),(5.,"Received a cheque from debtor Shyam",,5","000),(6., "Deposited Shyam's cheque next DAY.",,),(7.,"Paid to a creditor Mahesh by cheque",,10","000),(8.,"Paid salary to staff",,20","000),(9.,"Paid RENT by cheque",,6","000),(10.,"Paid interest on LOAN",,5","000):}

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