ehicles
nwards
(V)
(vii) Received interest
200
S. Analyse the following transactions, state the nature of accounts and state which account will be debited
and which account will be credited:
S. No. Particulars
₹
(0)
Purchased furniture for cash from Shanti Furniture House
75,000
Purchased goods for cash.
55,000
(iii) Sold goods for cash to Pal.
35,000
(iv) Sold goods to Om
60,000
(v)
Deposited cash in bank for opening an account...
70,000
(vi) Received a cheque from Om.
20,000
(vii) Deposited Om's cheque the next day
viii) Borrowed from Sohan
1,00,000
(ix) Paid interest on loan
10,000
(x)
Withdrew cash for personal use.
5,000
le
come
g Expense
of the actor
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