Open a 'T' shape Cash Account with the following transactions : {:(,,,"₹") , ((i) , "Mohan started business with cash" ,, 40 "," 000) , ((ii) , "Purchased goods" ,, 20","000) , ((iii) , "Sold goods" ,, 24","000) , ((iv) , "Paid rent " ,, 400 ) , ((v), "Paid salaries" ,,600) , ((vi) , "Drew for personal use" ,, 1","000):}

Open a 'T' shape Cash Account with the following transactions : {:(,,

1.	Open a 'T' shape Cash Account with the following transactions : {:(,,,"₹") , ((i) , "Mohan started business with cash" ,, 40 "," 000) , ((ii) , "Purchased goods" ,, 20","000) , ((iii) , "Sold goods" ,, 24","000) , ((iv) , "Paid rent " ,, 400 ) , ((v), "Paid salaries" ,,600) , ((vi) , "Drew for personal use" ,, 1","000):}
Answer» <html><body><p><br/></p>Answer :(i) <a href="https://interviewquestions.tuteehub.com/tag/debit-945425" style="font-weight:bold;" target="_blank" title="Click to know more about DEBIT">DEBIT</a> side , (ii) <a href="https://interviewquestions.tuteehub.com/tag/credit-938523" style="font-weight:bold;" target="_blank" title="Click to know more about CREDIT">CREDIT</a> side , (iii) Debit side ; (iv) Credit side ; (v) Credit side ; (<a href="https://interviewquestions.tuteehub.com/tag/vi-723586" style="font-weight:bold;" target="_blank" title="Click to know more about VI">VI</a>) Credit side ; Balance of Cash <a href="https://interviewquestions.tuteehub.com/tag/account-25640" style="font-weight:bold;" target="_blank" title="Click to know more about ACCOUNT">ACCOUNT</a> - ₹ 42, <a href="https://interviewquestions.tuteehub.com/tag/000-255002" style="font-weight:bold;" target="_blank" title="Click to know more about 000">000</a>.</body></html>

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