From the following transactions ,state the nature of accounts and state which account will be debited and which account will be credited : {:( ,, "₹") , (1. "Mohan started business with cash" ,, 5"," 00"," 000), ( 2. "Purchased goods for cash" ,, 1"," 00"," 000), (3. "Sold goods for cash" ,, 1","50","000), (4. "Received interest from Ram in cash" ,, 500), (5. "Sold goods to Ashok" ,, 60"," 000), (6. "Purchased furniture for cash" ,, 50 "," 000), (7. "Paid wages" ,,20","000):}

From the following transactions ,state the nature of accounts and stat

1.	From the following transactions ,state the nature of accounts and state which account will be debited and which account will be credited : {:( ,, "₹") , (1. "Mohan started business with cash" ,, 5"," 00"," 000), ( 2. "Purchased goods for cash" ,, 1"," 00"," 000), (3. "Sold goods for cash" ,, 1","50","000), (4. "Received interest from Ram in cash" ,, 500), (5. "Sold goods to Ashok" ,, 60"," 000), (6. "Purchased furniture for cash" ,, 50 "," 000), (7. "Paid wages" ,,20","000):}
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